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or introduction or delivery for
introduction into interstate commerce of
the noncompliant privacy glass parts
under their control after AGC notified
them that the subject noncompliance
existed.
Related Submissions: FCA US LLC
(FCA US) also filed an inconsequential
noncompliance petition with NHTSA
for 287,064 MY 2013–2017 Jeep
Compass motor vehicles, which were
equipped and offered for sale with
noncompliant privacy glass produced
by AGC. Refer to Docket No. NHTSA–
2017–0098.
Authority: (49 U.S.C. 30118, 30120:
delegations of authority at 49 CFR 1.95 and
501.8)
Claudia Covell,
Acting Director, Office of Vehicle Safety
Compliance.
[FR Doc. 2018–07421 Filed 4–10–18; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Joint Comment Request
Office of the Comptroller of the
Currency (OCC), Treasury; Board of
Governors of the Federal Reserve
System (Board); and Federal Deposit
Insurance Corporation (FDIC).
ACTION: Joint notice and request for
comment.
AGENCY:
In accordance with the
requirements of the Paperwork
Reduction Act of 1995 (PRA), the OCC,
the Board, and the FDIC (the agencies)
may not conduct or sponsor, and the
respondent is not required to respond
to, an information collection unless it
displays a currently valid Office of
Management and Budget (OMB) control
number. On November 8, 2017, the
agencies, under the auspices of the
Federal Financial Institutions
Examination Council (FFIEC), requested
public comment for 60 days on a
proposal to revise the Consolidated
Reports of Condition and Income for a
Bank with Domestic and Foreign Offices
(FFIEC 031), the Consolidated Reports
of Condition and Income for a Bank
with Domestic Offices Only (FFIEC
041), and the Consolidated Reports of
Condition and Income for a Bank with
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SUMMARY:
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Domestic Offices Only and Total Assets
Less than $1 Billion (FFIEC 051)
(November 2017 notice), which are
currently approved collections of
information. The Consolidated Reports
of Condition and Income are commonly
referred to as Call Reports. The
proposed revisions to the FFIEC 031,
FFIEC 041, and FFIEC 051 Call Reports
would result in an overall reduction in
burden. These reporting revisions
consist of the deletion or consolidation
of a large number of items and the
addition of a new or increases in certain
existing reporting thresholds.
The comment period for the
November 2017 notice ended on January
8, 2018. As described in the
SUPPLEMENTARY INFORMATION section,
after considering the comments received
on the proposal, the FFIEC and the
agencies will proceed with the proposed
reporting revisions to the FFIEC 031,
FFIEC 041, and FFIEC 051 as originally
proposed. The proposed revisions
would take effect as of the June 30,
2018, report date.
In addition, the agencies are giving
notice that they are sending the
collection to OMB for review.
DATES: Comments must be submitted on
or before May 11, 2018.
ADDRESSES: Interested parties are
invited to submit written comments to
any or all of the agencies. All comments,
which should refer to the OMB control
number(s), will be shared among the
agencies.
OCC: Commenters are encouraged to
submit comments by email, but you may
submit comments by any of the
following methods:
• Email: prainfo@occ.treas.gov.
• Mail: Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Attention:
1557–0081, 400 7th Street SW, Suite
3E–218, Washington, DC 20219.
• Hand Delivery/Courier: 400 7th
Street SW, Suite 3E–218, Washington,
DC 20219.
Instructions: You must include
‘‘OCC’’ as the agency name and ‘‘1557–
0081’’ in your comment. In general, the
OCC will publish them on
www.reginfo.gov without change,
including any business or personal
information that you provide, such as
name and address information, email
addresses, or phone numbers.
Comments received, including
attachments and other supporting
materials, are part of the public record
and subject to public disclosure. Do not
include any information in your
comment or supporting materials that
you consider confidential or
inappropriate for public disclosure.
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You may review comments and other
related materials that pertain to this
information collection following the
close of the 30-day comment period for
this notice by any of the following
methods:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
‘‘Information Collection Review’’ tab.
Underneath, the ‘‘Currently under
Review’’ section heading, from the dropdown menu, select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0081’’ or ‘‘FFIEC 031, FFIEC 041,
and FFIEC 051.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
• Viewing Comments Personally: You
may personally inspect and photocopy
comments at the OCC, 400 7th Street
SW, Washington, DC. For security
reasons, the OCC requires that visitors
make an appointment to inspect
comments. You may do so by calling
(202) 649–6700 or, for persons who are
deaf or hearing impaired, TTY, (202)
649–5597. Upon arrival, visitors will be
required to present valid governmentissued photo identification and submit
to security screening in order to inspect
and photocopy comments.
Board: You may submit comments,
which should refer to ‘‘FFIEC 031,
FFIEC 041, and FFIEC 051,’’ by any of
the following methods:
• Agency website: http://
www.federalreserve.gov. Follow the
instructions for submitting comments at:
http://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Email: regs.comments@
federalreserve.gov. Include the reporting
form numbers in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available
from the Board’s website at
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
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contact information. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
NW (between 18th and 19th Streets
NW), Washington, DC 20006 between
9:00 a.m. and 5:00 p.m. on weekdays.
FDIC: You may submit comments,
which should refer to ‘‘FFIEC 031,
FFIEC 041, and FFIEC 051,’’ by any of
the following methods:
• Agency website: https://
www.fdic.gov/regulations/laws/federal/.
Follow the instructions for submitting
comments on the FDIC’s website.
• Email: comments@FDIC.gov.
Include ‘‘FFIEC 031, FFIEC 041, and
FFIEC 051’’ in the subject line of the
message.
• Mail: Manuel E. Cabeza, Counsel,
Attn: Comments, Room MB–3007,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand delivered to the guard station at
the rear of the 550 17th Street Building
(located on F Street) on business days
between 7:00 a.m. and 5:00 p.m.
Public Inspection: All comments
received will be posted without change
to https://www.fdic.gov/regulations/
laws/federal/ including any personal
information provided. Paper copies of
public comments may be requested from
the FDIC Public Information Center by
telephone at (877) 275–3342 or (703)
562–2200.
Additionally, commenters may send a
copy of their comments to the OMB
desk officer for the agencies by mail to
the Office of Information and Regulatory
Affairs, U.S. Office of Management and
Budget, New Executive Office Building,
Room 10235, 725 17th Street NW,
Washington, DC 20503; by fax to (202)
395–6974; or by email to oira_
submission@omb.eop.gov.
FOR FURTHER INFORMATION CONTACT: For
further information about the proposed
revisions to the Call Report discussed in
this notice, please contact any of the
agency staff whose names appear below.
In addition, copies of the Call Report
forms can be obtained at the FFIEC’s
website (https://www.ffiec.gov/ffiec_
report_forms.htm).
OCC: Kevin Korzeniewski, Counsel,
Legislative and Regulatory Activities
Division, (202) 649–5490, or for persons
who are hearing impaired, TTY, (202)
649–5597.
Board: Nuha Elmaghrabi, Federal
Reserve Board Clearance Officer, (202)
452–3884, Office of the Chief Data
Officer, Board of Governors of the
Federal Reserve System, 20th and C
Streets NW, Washington, DC 20551.
Telecommunications Device for the Deaf
(TDD) users may call (202) 263–4869.
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FDIC: Manuel E. Cabeza, Counsel,
(202) 898–3767, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: The
agencies propose revisions to data items
reported on the FFIEC 031, FFIEC 041,
and FFIEC 051 Call Reports.
Report Title: Consolidated Reports of
Condition and Income (Call Report).
Form Numbers: FFIEC 031 (for banks
and savings associations with domestic
and foreign offices), FFIEC 041 (for
banks and savings associations with
domestic offices only), and FFIEC 051
(for banks and savings associations with
domestic offices only and total assets
less than $1 billion).
Frequency of Response: Quarterly.
Affected Public: Business or other forprofit.
OCC
OMB Control No.: 1557–0081.
Estimated Number of Respondents:
1,269 national banks and federal savings
associations.
Estimated Average Burden per
Response: 45.83 burden hours per
quarter to file.
Estimated Total Annual Burden:
232,633 burden hours to file.
Board
OMB Control No.: 7100–0036.
Estimated Number of Respondents:
819 state member banks.
Estimated Average Burden per
Response: 49.93 burden hours per
quarter to file.
Estimated Total Annual Burden:
163,571 burden hours to file.
FDIC
OMB Control No.: 3064–0052.
Estimated Number of Respondents:
3,633 insured state nonmember banks
and state savings associations.
Estimated Average Burden per
Response: 43.83 burden hours per
quarter to file.
Estimated Total Annual Burden:
636,938 burden hours to file.
The proposed burden-reducing
revisions to the Call Reports are the
result of an ongoing effort by the
agencies to reduce the burden
associated with their preparation and
filing and, as detailed in Appendices B,
C, and D, would achieve burden
reductions by removing or consolidating
numerous items, and by adding a new
or raising certain existing reporting
thresholds.
The estimated average burden hours
for each agency collectively reflect the
estimates for the FFIEC 031, the FFIEC
041, and the FFIEC 051 reports. When
the estimates are calculated by type of
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report across the agencies, the estimated
average burden hours per quarter are
122.38 (FFIEC 031), 55.35 (FFIEC 041),
and 37.94 (FFIEC 051). The burden
hours for the currently approved reports
are 123.06 (FFIEC 031), 57.71 (FFIEC
041), and 39.38 (FFIEC 051),1 so the
revisions in this notice would represent
a reduction in estimated average burden
hours per quarter by 0.68 (FFIEC 031),
2.36 (FFIEC 041), and 1.44 (FFIEC 051).
The estimated burden per response for
the quarterly filings of the Call Report
is an average that varies by agency
because of differences in the
composition of the institutions under
each agency’s supervision (e.g., size
distribution of institutions, types of
activities in which they are engaged,
and existence of foreign offices).
Type of Review: Revision and
extension of currently approved
collections.
General Description of Reports
These information collections are
mandatory pursuant to 12 U.S.C. 161
(for national banks), 12 U.S.C. 324 (for
state member banks), 12 U.S.C. 1817 (for
insured state nonmember commercial
and savings banks), and 12 U.S.C. 1464
(for federal and state savings
associations). At present, except for
selected data items and text, these
information collections are not given
confidential treatment.
Abstract
Institutions submit Call Report data to
the agencies each quarter for the
agencies’ use in monitoring the
condition, performance, and risk profile
of individual institutions and the
industry as a whole. Call Report data
serve a regulatory or public policy
purpose by assisting the agencies in
fulfilling their shared missions of
ensuring the safety and soundness of
financial institutions and the financial
system and the protection of consumer
financial rights, as well as agencyspecific missions affecting federal and
state-chartered institutions, such as
conducting monetary policy, ensuring
financial stability, and administering
federal deposit insurance. Call Reports
are the source of the most current
statistical data available for identifying
areas of focus for on-site and off-site
examinations. Among other uses, the
agencies use Call Report data in
evaluating institutions’ corporate
applications, including, in particular,
interstate merger and acquisition
applications for which the agencies are
required by law to determine whether
the resulting institution would control
1 See
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83 FR 939 (January 8, 2018).
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more than 10 percent of the total
amount of deposits of insured
depository institutions in the United
States. Call Report data also are used to
calculate institutions’ deposit insurance
and Financing Corporation assessments
and national banks’ and federal savings
associations’ semiannual assessment
fees.
Current Actions
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I. Introduction
On November 8, 2017, the agencies
requested comment for 60 days on a
proposal to revise the existing Call
Report requirements.2 The proposed
revisions in the November 2017 notice,
as well as the creation of the FFIEC 051
and other recent revisions to the FFIEC
031 and FFIEC 041, are the result of a
formal initiative launched by the FFIEC
in December 2014 to identify potential
opportunities to reduce burden
associated with Call Report
requirements for community
institutions. The most significant
actions under this initiative are
community institution outreach efforts,
internal surveys of users of Call Report
data at FFIEC member entities, and the
implementation of a streamlined Call
Report for small institutions. A
summary of the FFIEC member entities’
uses of the data items retained in the
Call Report schedules subject to the
reporting revisions in this proposal is
included in Appendix A, which is
repeated from the November 2017
notice. Additional information about the
initiative can be found in the November
2017 notice and five earlier notices
related to actions taken under this
initiative.3
The comment period for the
November 2017 notice ended on January
8, 2018. General comments on the
notice are summarized in Section II. In
Section III, the agencies provide more
details on the comments received.
Section IV discusses the timing for
implementing the proposed revisions to
the Call Report.
II. General Comments on the Proposed
Call Report Revisions
The agencies collectively received
comments on the proposal from five
entities, including banking
organizations and a trade association.
General comments and
recommendations on the proposal and
the overall burden-reduction initiative
are included in this section. Comments
2 See
82 FR 51908 (November 8, 2017).
80 FR 56539 (September 18, 2015), 81 FR
45357 (July 13, 2016), 81 FR 54190 (August 15,
2016), 82 FR 2444 (January 9, 2017), and 82 FR
29147 (June 27, 2017).
3 See
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with specific recommendations to revise
the Call Reports are addressed in
Section III.
A. General Comments on the Proposal
and the Overall Burden-Reduction
Initiative
Commenters expressed varying
opinions on the November 2017 notice
and the agencies’ Call Report burdenreduction initiatives to date. Two
commenters supported the effort put
forth by the agencies. One commenter
‘‘strongly support[s] the FFIEC’s
ongoing work to reform the Call Report,
an ongoing project that is yielding
important value for supervision as well
as for successful bank management.’’
The other commenter ‘‘commends’’ the
agencies’ initiative and encourages
continued efforts to ease the burden on
small community banks.
On the other hand, one commenter
asserted that the proposed revisions to
the Call Reports would not have any
impact on the banking organization’s
reporting.
The agencies recognize that not all
institutions would see an immediate
and large reduction in burden from the
proposed revisions in the November
2017 notice. However, consolidating
existing data items into fewer data items
and adding or increasing reporting
thresholds would generally result in
institutions spending less time
completing the Call Report since there
would be fewer items to review prior to
each quarterly submission. Also, an
institution would have fewer
instructions to review to determine
whether it has reportable (nonzero)
amounts. To the extent that an
institution currently tracks granular data
items for internal reporting purposes
that are proposed to be consolidated in
the Call Report, there may be limited
burden relief from consolidating the
items. However, institutions that
currently track data at an aggregate level
for internal reporting purposes and then
must allocate that amount to the
existing subcategories in the Call Report
every quarter would see additional
burden relief. Accordingly, the agencies
believe the changes proposed in the
November 2017 notice offer meaningful
Call Report burden relief to many
institutions.
B. General Recommendations From
Commenters
One commenter offered a number of
recommendations to improve the
revision and preparation of the Call
Report. Regarding the revision process,
the commenter recommended that the
agencies conduct an internal user
survey covering every item in the Call
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Report at least once every two years,
conduct a review for potentially
obsolete items at least annually, and
continue to improve the clarity and
usability of Call Report instructions.
The agencies currently conduct the user
survey as the foundation for a review of
all Call Report data items they are
required to conduct every five years.4
The full survey is an involved process
requiring significant agency resources
from all lines of business. For the
statutorily mandated review of the Call
Report completed in 2017, the full
survey spanned a 19-month period.
Accordingly, the agencies must balance
the use of their resources for this effort
compared with other efforts to improve
supervision and reduce burden for
institutions.
With respect to the clarity and
usability of the Call Report instructions,
the agencies agree with the commenter
that making the instructions clearer and
providing examples of how to calculate
amounts that may be more complex to
report contribute to burden relief. The
agencies welcome suggestions from
bankers, industry associations, and
others for specific improvements to and
clarifications of the existing
instructions, including where examples
would be helpful. Input from these
stakeholders and from agency
examination staff has led to
instructional improvements in the past
and the agencies will continue to
address specific suggestions for
instructional improvements. The
commenter also cited the benefits of
hyperlinks to the rule or guidance on
which particular instructions are based.
The agencies have added hyperlinks to
certain cited documents in the two sets
of Call Report instructions.5 Going
forward, the agencies will endeavor to
use clearer language and expect to
continue inserting hyperlinks when
issuing new or updated Call Report
instructions.
The commenter also recommended
that the agencies only propose revisions
to the Call Report once a year, make
those changes effective starting in the
quarter ending March 31, and finalize
those changes by the prior September 30
to allow banks sufficient lead time to
implement the revisions. Prior to the
recent revisions to streamline the Call
Report, the agencies typically followed
a schedule of making revisions only
once per year, with the changes
generally becoming effective for the
4 See Section 604 of the Financial Services
Regulatory Relief Act of 2006.
5 One set of Call Report instructions applies to the
FFIEC 031 and FFIEC 041 reports and another set
of instructions applies to the FFIEC 051 report.
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March 31 report. The agencies plan to
return to an annual schedule for future
revisions that would be effective starting
with the March 31 report, unless the
revisions must be implemented at a
different time due to changes in statute,
regulation, or accounting standards.
The same commenter recommended
that the FFIEC establish an industry
advisory committee to develop advice
and guidance on the Call Report,
establish a regular process to address
technical questions and changes to the
Call Report, and provide training related
to preparing the Call Report. The
agencies plan to continue to offer
outreach in connection with significant
revisions to the Call Report, as they did
with the adoption of the revised
Schedule RC–R, Regulatory Capital, and
the implementation of the FFIEC 051.
The agencies also receive and respond
to a number of reporting questions from
individual institutions each quarter.
Issues that could affect multiple
institutions are often addressed through
the Call Report Supplemental
Instructions published quarterly or
updates to the Call Report instruction
books published as needed. Consistent
with the PRA, the agencies also offer an
opportunity for members of the banking
industry to comment on proposed
changes to the Call Report or to make
any additional suggestions for
improving, streamlining, or clarifying
instructions to the Call Report.
The commenter also recommended
that the agencies align the proposed
revisions to the Call Report with
revisions to the Board’s FR Y–9C report
for holding companies 6 and conduct a
holistic review of other regulatory
reports under the agencies’ authority
that rely on data collected in the Call
Report. The commenter stated that
having differences in reporting between
the Call Report and FR Y–9C can create
burden for reporting firms. The agencies
agree that aligning proposed revisions to
the Call Report with proposed revisions
to comparable data items collected in
the FR Y–9C report would reduce
burden for reporting holding
companies.7 The Board has approved
burden-reducing revisions to the FR Y–
9C that align with corresponding
burden-reducing revisions that were
effective with the March 31, 2017, Call
Report.8 These FR Y–9C revisions will
become effective as of the March 31,
2018, reporting date. The Board also has
proposed revisions to the FR Y–9C 9 that
align with the corresponding revisions
to the Call Report that the banking
agencies proposed in June 2017.10 These
revisions are proposed to become
effective as of the March 31, 2018, and
June 30, 2018, reporting dates for both
the FR Y–9C and Call Report. Further,
the Board will take this comment into
consideration when it develops
additional proposed revisions to the FR
Y–9C report consistent with other
comparable revisions proposed for the
Call Report. In addition to the FR Y–9C,
the agencies will consider reviewing
how data from the Call Report are used
in other agency reports to identify
possible efficiencies as part of a holistic
review.
Furthermore, the agencies will
consider reviewing existing instructions
to other regulatory reports to identify
opportunities to enhance uniformity in
reporting guidance. In this regard, the
agencies have already proposed
revisions to the FFIEC 002 report that
would align with corresponding
revisions that have been implemented
or proposed for the Call Report.11
Similarly, in the proposed new FFIEC
016 report that would replace the
separate, but identical, agency stress test
reports,12 the agencies have proposed
revisions to certain data items in this
new report that align with
corresponding Call Report revisions that
have been implemented or proposed.
The commenter further recommended
that the agencies increase the asset-size
threshold for filing the FFIEC 051 Call
Report from the current $1 billion to at
least $10 billion, indexed for inflation.
Raising the threshold to $10 billion or
higher at this time could result in a
significant loss of data necessary for
supervisory or other purposes from
institutions with assets of $1 billion or
more. Therefore, the agencies are not
adopting this recommendation at this
time, but will continue to evaluate the
appropriate scope and criteria for
expanding the number of institutions
eligible to file the FFIEC 051.
8 See
83 FR 2985 (January 22, 2018).
83 FR 123 (January 2, 2018).
10 See 82 FR 29147 (June 27, 2017).
11 Report of Assets and Liabilities of U.S.
Branches and Agencies of Foreign Banks (FFIEC
002). See 82 FR 61294 (December 27, 2017).
12 Annual Dodd-Frank Act Company-Run Stress
Test Report for Depository Institutions and Holding
Companies with $10–$50 Billion in Total
Consolidated Assets (FFIEC 016). See 82 FR 46887
(October 6, 2017) and 83 FR 8149 (February 23,
2018).
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9 See
6 Consolidated Financial Statements for Holding
Companies, OMB No. 7100–0128.
7 Although all insured depository institutions
must file Call Reports, not all such institutions are
owned or controlled by a holding company.
Furthermore, the FR Y–9C report is filed only by
top-tier holding companies with total consolidated
assets of $1 billion or more and top-tier holding
companies meeting certain criteria, regardless of
size.
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III. Specific Recommendations To
Revise the Call Report
One commenter requested the
agencies eliminate certain deposit items
in Schedule RC–E by combining items
for deposits with balances less than
$100,000 and those with balances of
$100,000 through $250,000 into a single
item. Separate reporting of time deposits
with balances less than $100,000 in
Schedule RC–E, including certain
Memorandum items to adjust that
amount, is tied to the Board’s
measurement of the money supply.13 If
the Board were to decide to revise the
definition of the money supply so that
the $100,000 items in Schedule RC–E
are no longer necessary for the
calculation, then the agencies would
reevaluate whether to consolidate those
items on the Call Report.
One commenter recommended that
the agencies add a new loan item to
Schedule RC–C, Part I, to enable
institutions to report non-speculative 1–
4 family residential construction loans
to consumers separately from other 1–4
family residential construction loans.14
The commenter made this
recommendation because the loan mix
index used in the FDIC’s deposit
insurance assessment rate determination
for small institutions treats all
construction and development loans in
the same manner. According to the
commenter, consumer 1–4 family
residential construction loans have
lower charge-off rates than other types
of construction and development loans,
which penalizes institutions that hold
significant amounts of such consumer
construction loans in terms of their
assessment rates. However, the addition
to Schedule RC–C, Part I, of the
recommended new construction loan
category would not alter the assessment
rate determination. Absent the
segregation by the FDIC of consumer 1–
4 family residential construction loans
from other construction loans in the
loan mix index in the FDIC’s deposit
insurance assessments regulations (12
CFR part 327), the agencies do not plan
to add a new category for reporting such
loans in Schedule RC–C, Part I.
After considering these specific
comments, as well as the comments
received on the overall proposal and the
burden-reduction initiative that were
discussed in Section II above, the
13 See definition of M2, https://www.federal
reserve.gov/faqs/money_12845.htm. Also see 82 FR
2452 (January 9, 2017) for the agencies’ previous
response to a similar comment.
14 All 1–4 family residential construction loans
are reported in Schedule RC–C, Part I, item 1.a.(1).
Other construction loans and all land development
and other land loans are reported in Schedule RC–
C, Part I, item 1.a.(2).
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agencies will proceed with the proposed
burden-reducing changes to Call Report
schedules proposed in the November
2017 notice. The agencies recognize that
not every proposed change will reduce
burden for every institution. However,
the agencies believe that the proposed
changes will reduce burden in the Call
Reports as a whole, which is also
reflected in a reduction in the estimated
burden hours per quarter for the Call
Reports.
IV. Timing
Subject to OMB approval, the
effective date for the implementation of
the proposed revisions to the FFIEC 031,
FFIEC 041, and FFIEC 051 would be
June 30, 2018. When implementing the
burden-reducing Call Report revisions
as of the June 30, 2018, report date,
institutions may provide reasonable
estimates for any new or revised Call
Report data item initially required to be
reported as of that date for which the
requested information is not readily
available. The specific wording of the
captions for the new or revised Call
Report data items discussed in this
proposal and the numbering of these
data items is subject to change.
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V. Request for Comment
Public comment is requested on all
aspects of this joint notice. Comment is
specifically invited on:
(a) Whether the proposed revisions to
the collections of information that are
the subject of this notice are necessary
for the proper performance of the
agencies’ functions, including whether
the information has practical utility;
(b) The accuracy of the agencies’
estimates of the burden of the
information collections as they are
proposed to be revised, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections on respondents,
including through the use of automated
collection techniques or other forms of
information technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Comments submitted in response to
this joint notice will be shared among
the agencies. All comments will become
a matter of public record.
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Appendix A
Summary of the FFIEC Member Entities’
Uses of the Data Items in the Call Report
Schedules in the Portion of the User Surveys
Evaluated in the Development of This
Proposal
Schedule RI–A (Changes in Bank Equity
Capital)
Schedule RI–A collects detailed
information about specified categories of
changes in an institution’s equity capital
during the calendar year to date. In general,
these categories are aligned with categories
typically reported on a basic statement of
changes in equity in a set of financial
statements prepared under U.S. generally
accepted accounting principles (GAAP).
The FFIEC member entities’ examiners use
the Schedule RI–A information in their offsite reviews to identify and understand the
sources of any significant changes in an
institution’s capital accounts. Information on
dividends declared as a percentage of net
income reveals the extent to which capital is
being augmented through earnings retention,
which is the principal source of capital for
most institutions. The banking agencies may
be aware of some capital transactions
reported in Schedule RI–A due to licensing
requirements. However, for many other
transactions directly affecting capital such as
dividends declared and transactions with a
parent holding company, Schedule RI–A may
be the only source of information on changes
in capital aside from an on-site examination.
Even for capital transactions that require
prior agency approval, the information
reported in Schedule RI–A serves as
confirmation that the institution successfully
completed the transaction (such as issuing
new stock or redeeming existing preferred
stock). The agencies also use the information
on this schedule as a starting point for
reviewing compliance with statutory or
regulatory restrictions on dividends or
holding company transactions.
The FDIC uses data items from Schedule
RI–A in its estimates of losses from failures
of insured depository institutions, which
affects the FDIC’s loss reserve and the
resulting level of the balance in the Deposit
Insurance Fund.
Schedule RI–C (Disaggregated Data on the
Allowance for Loan and Lease Losses) [FFIEC
031 and FFIEC 041 Only]
Schedule RI–C provides information on the
components of the allowance for loan and
lease losses (ALLL) by loan category
disaggregated on the basis of a reporting
institution’s impairment measurement
method and the related recorded investment
in loans (and, as applicable, leases) held for
investment for institutions with $1 billion or
more in total assets. The information
required to be reported in Schedule RI–C is
consistent with disclosures required under
existing U.S. GAAP in Financial Accounting
Standards Board (FASB) Accounting
Standards Codification (ASC) paragraphs
310–10–50–11B(g) and (h).
By providing this level of detail on an
individual institution’s overall ALLL, which
supports the identification of changes in its
components over time, examiners can better
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perform off-site monitoring of activity within
the ALLL in periods between examinations
and when planning for examinations. Thus,
the Schedule RI–C information enables
examiners and agency analysts to determine
whether the institution is releasing loan loss
allowances in some loan categories and
building allowances in others. Furthermore,
changes from period to period in the volume
of individually evaluated loans that have
been determined to be impaired in each loan
category, and the allowance allocations to
these impaired loans, provide examiners and
analysts with an indicator of trends in the
institution’s credit quality. This
understanding is critical to the agencies since
the ALLL, and the direction of changes in its
composition, is one of the key factors in
determining an institution’s financial
condition.
The detailed ALLL information collected
in Schedule RI–C allows the agencies to more
finely focus efforts related to the analysis of
the ALLL and credit risk management. By
reviewing the data collected in Schedule RI–
C on allowance allocations by loan category
in conjunction with the past due and
nonaccrual data reported by loan category (in
Schedule RC–N) that are used in a general
assessment of an institution’s credit risk
exposures, the agencies can better evaluate
whether the overall level of its ALLL, and its
allocations by loan category, appear
appropriate or whether supervisory followup is warranted. Together, the ALLL
information and past due and nonaccrual
data factor into the assessment of the Asset
Quality component of the CAMELS rating.15
As an example, by using the detailed
information on the ALLL allocated to
commercial real estate (CRE) loans,
examiners and analysts can better understand
how institutions with CRE concentrations are
building or releasing allowances, the extent
of ALLL coverage in relation to their CRE
portfolios, and how this might differ among
institutions.
Schedule RI–C also assists the agencies in
understanding industry trends related to the
build-up or release of allowances for specific
loan categories. The information supports
comparisons of ALLL levels by loan category,
including the identification of differences in
ALLL allocations by institution size.
Understanding how institutions’ ALLL
practices and allocations differ over time for
particular loan categories as economic
conditions change provides insight that can
be used to more finely tune supervisory
procedures and policies.
Schedule RC–A (Cash and Balances Due
From Depository Institutions) [FFIEC 031 and
FFIEC 041 Only]
Schedule RC–A provides data on currency
and coin, cash items, balances due from U.S.
and foreign depository institutions, and
balances due from Federal Reserve Banks.
15 CAMELS is an acronym that represents the
ratings from six essential components of an
institution’s financial condition and operations:
Capital adequacy, asset quality, management,
earnings, liquidity, and sensitivity to market risk.
These components represent the primary areas
evaluated by examiners during examinations of
institutions.
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This information, particularly from larger
institutions, is utilized for monetary policy
purposes and liquidity analysis purposes.
For monetary policy purposes, information
from Schedule RC–A is needed for analysis
of the relationship between institutions’ cash
assets and the federal funds market, and in
the construction of the monetary aggregates
and weekly estimates of cash assets. The
Board, in conducting monetary policy,
monitors shifts between cash accounts and
federal funds as a measure of the
effectiveness of policy initiatives. For
example, differences in interest rates paid on
balances due from Federal Reserve Banks
compared to those available in the federal
funds market cause shifts in the relative
volumes of funds institutions hold in their
Federal Reserve Bank accounts and federal
funds sold. This can be seen in the
significant shrinkage in the federal funds
market over the past ten years that has been
offset by increases in cash assets held. As
monetary policy normalizes and rates in the
federal funds market increase, data in
Schedule RC–A will allow the Board to
analyze how cash assets would change as the
federal funds market responds to the
movement in rates.
Schedule RC–A data also serve as inputs
into the construction of the monetary
aggregates and in deriving estimates of cash
assets on a weekly frequency. Cash items
reported in item 1 are utilized as netting
components in constructing the monetary
aggregates. Items for cash and balances due
from depository institutions are utilized to
benchmark comparable weekly data collected
by the Board from a sample of both small and
large depository institutions. These weekly
estimates provide timely input for more
effective monitoring of institutions’ cash
asset positions.
Schedule RC–A provides information
about the most liquid balance sheet accounts
available to satisfy unexpected cash outflows.
Thus, information reported on balances due
from depository institutions, including those
representing correspondent banking
balances, are a key element in the agencies’
analysis of an institution’s management of
liquidity risk. Such balances serve to pay the
institution’s daily cash letters and must be
maintained at sufficient levels to cover these
obligations in the normal course of business.
At the same time, information from Schedule
RC–A is particularly important for the
agencies’ evaluations of an institution’s
ability to effectively respond to liquidity
stress. Although other balance sheet assets,
such as debt securities, are secondary sources
of liquidity under normal operating
conditions, examiners consider the
availability of on-balance sheet cash and due
from balances under a highly stressed
operating environment. Given the volatility
of liability funding sources, agency
supervisory staff assess the demands of a
potential liquidity crisis in comparison to the
availability of funds from due from balances.
Because the amount of liquid assets that an
institution should maintain is a function of
the stability of its funding structure and the
risk characteristics of its balance sheet and
off-balance sheet activities, examiners
monitor the level of cash and due from
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balances, and changes therein from period to
period, by using data from Schedule RC–A as
part of their off-site analyses of liquidity risk.
The results of these analyses may influence
the supervisory strategy for an institution and
is an input into examination planning
activities necessary for scoping and staffing
the evaluation of liquidity and funds
management during examinations.
The separate breakout of balances due from
banks in foreign countries and foreign central
banks in Schedule RC–A also aids the
agencies in assessing liquidity risk arising
from additional or distinct banking laws and
regulations in foreign countries and in
evaluating the currency risk and country risk
associated with these balances.
Schedule RC–F (Other Assets)
Schedule RC–F collects a breakdown of
assets not reported in other balance sheet
asset categories, such as deferred tax assets,
equity securities without readily
determinable fair values, and life insurance
assets. This information is used in off-site
monitoring and for pre-examination
planning. A trend of rapid growth in or a
significant change in the reported amount of
an individual category of other assets that is
identified through off-site monitoring may
represent an area of potential concern or
heightened risk and require further review
and assessment, either upon identification or
at the next examination.
For example, a significant increase in the
level of accrued interest receivable may be
indicative of deterioration in the repayment
capacity of an institution’s borrowers or a
relaxation of management’s loan collection
policies and practices, which would signal
an increase in overall credit risk. Growth in
the amount of net deferred tax assets,
particularly at an institution with cumulative
losses in recent years, raises questions about
the realizability of these assets and whether
the need for a valuation allowance has been
properly assessed. The importance of
ensuring the appropriateness of the reported
amount of these assets is also tied to the
deductions and limits that apply to deferred
tax assets under the agencies’ regulatory
capital rules. Examiners use information on
the volume of interest-only strips receivable
in their pre-examination scoping of an
institution’s interest rate risk to determine
the extent of this risk in preparation for an
on-site assessment. Because bank-owned life
insurance exposes an institution to liquidity,
operational, credit, interest rate, and other
risks, examiners need to identify significant
holdings of life insurance assets and growth
in such holdings. In these circumstances,
examiners evaluate management’s adherence
to prudent concentration limits for life
insurance assets and management’s
performance of comprehensive assessments
of the risks of these assets, either on an offsite basis or during examinations.
Information on those individual
components of all other assets that exceed
the Schedule RC–F disclosure threshold
helps examiners evaluate the significance of
these items to the overall composition of the
balance sheet and identify risk exposures
associated with these assets. For example,
when examiners find the reported amount of
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repossessed assets at an institution to be
increasing, these data, taken together with
data on the volume of past due and
nonaccrual loans reported in Schedule RC–
N, may signal credit deterioration and the
need for examiner follow-up with
management. Data on repossessed assets also
are used for the scoping of targeted consumer
compliance examinations, particularly with
respect to auto loan origination and
servicing.
Data on accrued interest receivable also are
used in the FDIC’s model that estimates
losses arising from the failure of problem
institutions, which affects the measurement
of the balance of the Deposit Insurance Fund.
Schedule RC–G (Other Liabilities)
Schedule RC–G collects a breakdown of
liabilities not reported in other balance sheet
liability categories, such as interest accrued
and unpaid on deposits, net deferred tax
liabilities, and the allowance for credit losses
on off-balance sheet exposures. As with the
other assets data collected in Schedule RC–
F, information reported in Schedule RC–G is
used in off-site monitoring and for preexamination planning. A trend of rapid
growth in or a significant change in the
reported amount of an individual category of
other liabilities that is identified through offsite monitoring may represent an area of
potential concern or heightened risk and
require further review and assessment, either
upon identification or at the next
examination.
For example, a significant increase or
decrease in the interest accrued and unpaid
on deposits would warrant examiner followup to determine the cause for this change
from previous levels because it could
indicate a change in an institution’s funding
strategy with a consequential effect on its
future earnings and its interest rate risk
exposure. Examiner assessments of material
increases in the allowance for off-balance
sheet credit exposures are performed to
determine whether this reflects credit quality
deterioration on the part of existing
customers to whom credit has been extended,
a loosening of underwriting practices for
granting or renewing lines of credit, or other
factors, especially at banks with significant
credit card operations or other unfunded
commitments.
Information on those individual
components of all other liabilities that exceed
the Schedule RC–G disclosure threshold
helps examiners evaluate the significance of
these items to the overall composition of the
balance sheet and identify risk exposures
associated with these liabilities. For example,
an increase in the amount of derivatives with
negative fair values, considering changes in
the notional amounts of derivatives reported
in Schedule RC–L (on the FFIEC 031 or
FFIEC 041) or Schedule SU (on the FFIEC
051), would lead to examiner review of an
institution’s hedging activities and their
effectiveness in offsetting identified hedged
risks or its strategy for entering into
derivatives transactions for purposes other
than hedging because of the resulting
negative impact on earnings. Because
deferred compensation liabilities create
funding obligations, growth in the amount of
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these liabilities that triggers disclosure in
Schedule RC–G warrants examiner review to
ensure that management is properly planning
for the funding mechanisms to be used to
satisfy these compensation arrangements.
Data on interest accrued and unpaid on
deposits also are used in the FDIC’s model
that estimates losses arising from the failure
of problem institutions, which affects the
measurement of the Deposit Insurance Fund.
Schedule RC–H (Selected Balance Sheet
Items for Domestic Offices) [FFIEC 031 Only]
Schedule RC–H provides data on selected
balance sheet items held in domestic offices
only, and complements domestic office
information collected in Schedule RC–C, Part
I (Loans and Leases), Column B, and in
Schedule RC–A (Cash and Balances Due from
Depository Institutions), Column B. This
domestic office level information is utilized
for monetary policy and supervisory risk
assessment purposes.
In general, Board policymakers set U.S.
monetary policy to influence economic
activity and financial market conditions in
the United States. The domestic office
components of the balance sheet items in
Schedule RC–H and elsewhere in the Call
Report are used in this context to assess
credit availability, banks’ funding patterns,
liquidity, and investment strategies in the
United States. For example, if the level of an
institution’s consolidated holdings of U.S.
Treasury securities were increasing, but upon
further review a significant portion of the
growth reflected a rise in the amount of the
institution’s securities that are held in its
foreign offices, such growth would not
constitute direct support of either increased
liquidity or a change in investment strategy
at the institution’s domestic offices.
Moreover, in that case, such growth would
not constitute an increase in the Board’s U.S.
bank credit aggregate, which is based on
domestic-office-only holdings of institutions’
securities and loans. Without the domesticoffices-only component of U.S. Treasury
securities, the interpretation of increases in
such securities holdings would be
unnecessarily complicated; it would
otherwise be unclear to policymakers,
analysts, and others whether such growth
had in fact reflected stimulation of the U.S.
economy in the form of U.S. bank credit.
For institutions with foreign and domestic
operations, the division of assets and funding
between foreign and domestic components is
a key element of an institution’s risk profile.
For example, the levels of funding and assets
at such an institution that are subject to
potentially more restrictive foreign laws and
regulations and to currency risk and other
transactional risks define a major portion of
the institution’s risk profile. In addition, data
on the volume of assets and liabilities by
balance sheet category in domestic versus
foreign offices is essential for planning and
staffing examinations of institutions with
foreign offices.
Schedule RC–I (Assets and Liabilities of IBFs)
[FFIEC 031 Only]
Schedule RC–I requires the reporting, on a
fully consolidated basis, of the total assets
and liabilities of all International Banking
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Facilities (IBFs) established by the reporting
institution, i.e., including any IBFs
established by the institution itself or by its
Edge or Agreement subsidiaries. An IBF is a
set of asset and liability accounts, segregated
on the books and records of the establishing
entity, which reflect permitted international
transactions. IBF activities are essentially
limited to accepting deposits from and
extending credit to foreign residents
(including banks), other IBFs, and the
institutions establishing the IBF. The general
purpose of the collection of these two
Schedule RC–I data items is to aid in the
planning of examinations on the risks and
activities associated with international
lending, financing instruments, and
international banking conducted through an
IBF. These two data items also serve as high
level indicators of institutions’ engagement
in such activities between examinations.
There is no other source of information on
the total assets and liabilities of U.S. banking
institutions’ IBFs.
Schedule RC–P (1–4 Family Residential
Mortgage Banking Activities in Domestic
Offices) [FFIEC 031 and FFIEC 041 Only]
For institutions that meet an activity-based
reporting threshold associated with their
mortgage banking activities in domestic
offices, Schedule RC–P provides data on their
originations, purchases, and sales of closedend and open-end 1–4 family residential
mortgages during the quarter. Institutions
providing data in Schedule RC–P also report
the amount of closed-end and open-end 1–4
family residential mortgage loans held for
sale or trading at quarter-end as well as the
noninterest income for the quarter from the
sale, securitization, and servicing of these
mortgage loans. For open-end mortgage
loans, institutions report the total
commitment under the line of credit. These
data are collected to enhance the agencies’
ability to monitor the nature and extent of
institutions’ involvement with 1–4 family
residential mortgage loans as originators,
sellers, and servicers of such loans.
Since mortgage banking accounts for a
large source of income at many institutions,
concentrations of activities in this area pose
several types of risks. These risks include
operational, credit, interest rate, and liquidity
risks, evaluations of which are critical in
assigning appropriate CAMELS ratings for an
institution. Therefore, the agencies monitor
and analyze the Schedule RC–P data on
institutions’ mortgage banking activities to
support their assessments of various risk
components of CAMELS ratings. For
example, 1–4 family residential mortgage
banking activities may include an
institution’s obligation to repurchase
mortgage loans that it has sold or otherwise
indemnify the loan purchaser against loss
due to borrower defaults, loan defects, other
breaches of representations and warranties,
or other reasons, thereby exposing the
institution to additional risk. To monitor this
exposure, Schedule RC–P collects data on 1–
4 family residential mortgage loan
repurchases and indemnifications during the
quarter as well as representation and
warranty reserves for such loans that have
been sold. If off-site analysis of the reported
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data on repurchases and indemnifications
reveals substantial increases in recent
periods, this would be a red flag for
supervisory questions about the credit and
operational risks arising from the
institution’s mortgage loan originations and
purchases as well as its ability to fund a
higher level of loan repurchases going
forward than it may be accustomed to
repurchase. Examiner review of the
appropriateness of the level of representation
and warranty reserves and the institution’s
methodology for estimating the amount of
these reserves also would be warranted.
In addition, the data reported in Schedule
RC–P are used in the ongoing monitoring of
the current volume, growth, and profitability
of institutions’ 1–4 family residential
mortgage banking activities. In this regard,
significant growth in these activities over a
short period of time, particularly in relation
to the size of an institution, raises
supervisory concerns as to whether the
institution has implemented appropriate risk
management processes, controls, and
governance over its mortgage banking
business. The extent of the increased level of
activity will determine the nature and timing
of the supervisory follow-up. More generally,
for examiners, the off-site monitoring of the
Schedule RC–S data and related metrics and
trends provides key information for
examination scoping and helps determine the
allocation of mortgage-banking specialists’
time during on-site examinations.
A substantial volume of loans and other
assets held for sale in a market where the
assets may not be able to be readily sold can
cause significant liquidity strain because of
the institution’s need for funding to carry
these assets for a greater length of time than
had been anticipated. Thus, the agencies use
data from Schedule RC–P when assessing an
institution’s liquidity position by monitoring
and analyzing the extent of mortgages held
for sale or trading. If there is significant
growth in the amount of such mortgage
holdings, particularly when the Schedule
RC–P data reveal larger amounts of
originations and purchases compared to
sales, this would be an indicator that the
acquired loans are not selling and a basis for
supervisory follow-up.
From a consumer compliance perspective,
the agencies use Schedule RC–P data to
monitor mortgage-related metrics for
assessing potential risks to consumers, and
for the scheduling and scoping of
examinations. Additionally, the agencies rely
on Schedule RC–P data for assessing an
institution’s product lines for compliance
with the Community Reinvestment Act and
other fair lending regulations, particularly if
the institution engages in wholesale
originations of mortgage loans.
Schedule RC–Q—Assets and Liabilities
Measured at Fair Value on a Recurring Basis
[FFIEC 031 and FFIEC 041 Only]
FASB ASC Topic 820, Fair Value
Measurement, provides guidance on how to
measure fair value and establishes a threelevel hierarchy for measuring fair value. This
hierarchy prioritizes inputs used to measure
fair value based on observability, giving the
highest priority to quoted prices in active
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markets for identical assets or liabilities
(Level 1) and the lowest priority to
unobservable inputs (Level 3).
Under ASC Subtopic 825–10, Financial
Instruments—Overall, ASC Subtopic 815–15,
Derivatives and Hedging—Embedded
Derivatives, and ASC Subtopic 860–50,
Transfers and Servicing—Servicing Assets
and Liabilities, an institution may elect to
report certain assets and liabilities at fair
value with changes in fair value recognized
in earnings. This election is generally
referred to as the fair value option. Under
U.S. GAAP, certain other assets and
liabilities are required to be measured at fair
value on a recurring basis.
Institutions that have elected to apply the
fair value option or have reported $10
million or more in total trading assets in any
of the four preceding calendar quarters must
report in Schedule RC–Q the amount of
assets and liabilities, by major categories, that
are measured at fair value on a recurring
basis in the financial statements, along with
separate disclosure of the amount of such
assets and liabilities whose fair values were
estimated under each of the three levels of
the FASB’s fair value hierarchy.
Agency staff use the information on assets
reported at fair value in Schedule RC–Q to
calibrate and estimate the impact of
regulatory capital policy, as well as evaluate
contemplated capital policy changes. The
agencies also use the Schedule RC–Q data
(particularly the volume of fair value option
assets and liabilities in relation to total assets
and total capital, whether the volume has
significantly increased, and whether the
option has begun to be applied to new
categories of assets or liabilities) to assist
with planning the proper scoping and
staffing of risk management safety and
soundness examinations given the critical
importance of robust risk management and
control processes around fair value
measurement. For available-for-sale
securities and fair value option loans, agency
staff can also compare the fair values
reported in Schedule RC–Q with the
amortized cost and unpaid principal balance,
respectively, reported for these assets in the
Call Report to understand the extent and
direction of these measurement differences
and their potential effect on regulatory
capital should a substantial portion of these
assets need to be sold. The agencies also use
this information to evaluate the extent of
Level 3 fair value measurements of certain
assets and liabilities because of the extensive
use of unobservable inputs to estimate these
fair values, as well as to monitor trading asset
valuations and shifts in the fair value
hierarchy valuation levels among trading
assets over time and across capital markets.
Information in Schedule RC–Q is also used
by agency examination staff to analyze
capital, asset quality, earnings, and liquidity
components of CAMELS. The agencies also
use data reported in Schedule RC–Q in credit
risk management tools. Obtaining these data
on a quarterly basis allows for closer
monitoring of credit risk changes affecting
assets measured at fair value. The data are
also used to monitor bank performance,
emerging trends, and certain mortgage
servicing assets.
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Schedule RC–S (Servicing, Securitization,
and Asset Sale Activities) [FFIEC 031 and
FFIEC 041]
Schedule RC–S collects data on servicing,
securitization, and asset sale activities. The
majority of these data represents off-balance
sheet activities. The agencies use the data
provided in this schedule primarily for risk
identification and examination scoping
purposes.
Exposures reported in Schedule RC–S can
affect an institution’s liquidity outlook. For
example, if an institution has a commitment
to provide liquidity to its own or other
institutions’ securitization structures or has
provided credit enhancements in the form of
recourse or standby letters of credit for assets
it has sold or securitized, the agencies need
to consider such funding commitments to
properly monitor and assess the full scope of
an institution’s liquidity position. This
schedule also captures past due amounts for
loans the reporting institution has sold and
securitized on which it has retained servicing
or has provided recourse or other credit
enhancements. This past due information,
and trends in the past due amounts, are
critical to the agencies’ ability to evaluate the
credit quality of the underlying assets in
securitization structures on an off-site basis
and timely identify any credit quality
deterioration for supervisory follow-up,
including, if applicable, the effect of
increased servicing costs on current and
forecasted earnings. Defaulting assets
underlying securitization structures played a
major role during the recent financial crisis,
so it is imperative the agencies have the
information necessary to continuously
monitor the performance of these assets.
The agencies also use Schedule RC–S data
to analyze whether an institution has
adequate capital to cover losses arising from
liquidity commitments or recourse
obligations if the underlying assets in
securitizations begin to default, especially in
the event of an economic downturn. In
addition, on an industry-wide basis, changes
in the level of activity reported in the various
items of this schedule enables the agencies to
identify emerging trends within the
securitization sector, which supports the
development, as needed, of supervisory
policies and related guidance for institutions
and examiners.
Schedule RC–S is also used by the agencies
to prepare for on-site examinations.
Specifically, the level of activity reported in
Schedule RC–S helps the agencies make
examination resource decisions, such as
whether capital markets or consumer
compliance specialists are needed on-site.
(Consumer compliance regulations apply to
loans an institution continues to service after
sale or securitization.) For example, in the
event there are increasing amounts of past
due loans that an institution has sold and
securitized, additional resources can be
allocated to examining the institution’s
lending policies and practices and internal
controls.
Schedule RC–T (Fiduciary and Related
Services)
Schedule RC–T collects data on fiduciary
assets and accounts, income generated from
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15685
those accounts and other fiduciary services,
and related fiduciary activities. The amount
of data reported in Schedule RC–T and the
frequency of reporting varies depending on
an institution’s total fiduciary assets and its
fiduciary income. The most detail, including
income information, is provided quarterly by
institutions that have more than $250 million
in fiduciary assets or meet a fiduciary income
test; other trust institutions report less
information in Schedule RC–T annually as of
December 31.
Trust services are an integral part of the
banking business for more than 20 percent of
all institutions. The granularity of the data in
Schedule RC–T, especially for the types of
managed assets held in fiduciary accounts,
aids the agencies in determining the
complexity of an institution’s fiduciary
services risk profile. Furthermore, the
agencies use Schedule RC–T data to monitor
changes in the volume and character of
discretionary trust activity and the volume of
nondiscretionary trust activity at a trust
institution, which facilitates their assessment
of the nature and risks of the institution’s
fiduciary activities. The institution’s risk
profile in these areas is considered during
pre-examination planning to determine the
appropriate scoping and staffing for trust
examinations.
The Schedule RC–T data also are used
when examiners consider the ratings to be
assigned to trust institutions under the
Uniform Interagency Trust Rating System
(UITRS). The UITRS considers certain
managerial, operational, financial, and
compliance factors that are common to all
institutions with fiduciary activities. Under
this system, the supervisory agencies
endeavor to ensure that all institutions with
fiduciary activities are evaluated in a
comprehensive and uniform manner, and
that supervisory attention is appropriately
focused on those institutions exhibiting
weaknesses in their fiduciary operations.
Schedule RC–T provides a breakdown of
the amount and number of managed and nonmanaged accounts by the types of different
trust accounts. Personal trusts, employee
benefit trusts, and corporate trusts are
reported separately because of their
substantive differences in nature and risk.
Having a detailed breakdown between
managed and non-managed accounts is
critical because managed accounts have
greater levels of investment, legal,
reputational, and compliance risks compared
to non-managed accounts, and require more
supervisory oversight. This account
information supports examination scoping
and staffing because the evaluation of
different types of trust accounts requires
differences in expertise.
Data reported by larger trust institutions on
fiduciary and related services income and on
fiduciary settlements, surcharges, and other
losses provide information on the overall
profitability of the institution’s fiduciary
activities and supports the assessment of the
Earnings component of the UITRS rating.
These assessments consider such factors as
the profitability of fiduciary activities in
relation to the size and scope of the
institution’s trust product lines and its
overall trust business. In addition, fiduciary
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settlements, surcharges, and other losses
signal mishandling, operational failure, or
fraud, which pose higher than normal risk
exposure to the institution and raise
questions for supervisory follow-up about the
effectiveness of the institution’s controls over
its fiduciary activities. These data also are
monitored off-site and used to make interim
rating changes in the UITRS Earnings rating
between scheduled examinations.
Data in the Schedule RC–T Memorandum
items include the market values of managed
assets held in fiduciary accounts by type of
account and asset class and the number of
collective investment funds and common
trust funds and the market value of fund
assets by type of fund. The exercise of
investment discretion adds a significant
element of risk to the administration of
managed fiduciary accounts. The
breakdowns by asset class and type of fund
enable the agencies to monitor trends, both
on a trust industry-wide basis and an
individual trust institution basis, in how
institutions with investment discretion are
investing the assets of managed accounts and
investment funds. The market value
breakdowns of managed assets by asset class
provide an indicator of complexity by
separating more complex and hard-to-value
assets that carry higher levels of risk from
those assets that pose less risk. These data
also contribute to effective examination
scoping and staffing so that trust examiners
can be assigned, and their time allocated, to
examining those more complex and higher
risk activities in which they have expertise.
For example, the separately reported
managed asset classes of real estate mortgages
and real estate are distinctly different asset
classes with different risk and return profiles,
cash flows, and liquidity characteristics.
Thus, concentrations in either of these asset
classes may inform the supervisory strategy
for managed fiduciary accounts, including
the level of specialized expertise that may be
required when there are concentrations in
these asset classes.
Trust institutions also report the number of
corporate and municipal debt issues for
which the institution serves as trustee that
are in substantive default and the
outstanding principal amount of these debt
issues. A substantive default occurs when the
issuer fails to make a required payment of
interest or principal, defaults on a required
payment into a sinking fund, or is declared
bankrupt or insolvent. The occurrence of a
substantive default significantly raises the
risk profile for the institution serving as an
indenture trustee of a defaulted issue and can
result in the incurrence of significant
expenses and the distraction of managerial
time and attention from other areas of trust
administration. Thus, by monitoring the
corporate trust data reported in Schedule
RC–T between examinations, the agencies are
able to identify changes in the risk profile of
institutions acting as indenture trustees for
timely supervisory follow-up and appropriate
examination scoping and staffing.
The existence of fiduciary activities
reported in Schedule RC–T may result in
scoping certain areas of review into a
consumer compliance examination, such as
privacy and incentive-based cross-selling.
The schedule also contains essential
information for statistical and analytical
purposes, including calculating the OCC
assessments for independent trust banks.
Schedule RC–V (Variable Interest Entities)
[FFIEC 031 and FFIEC 041 Only]
Schedule RC–V collects information on an
institution’s consolidated variable interest
entities (VIEs) as defined by FASB ASC
Topic 810, Consolidation. The data are used
in determining the extent to which an
institution’s VIEs have been created as
securitization vehicles to pool and repackage
mortgages, other assets, or other credit
exposures into securities that have been or
can be transferred to investors or for other
purposes. Examiners and reviewers can
quantify the level of cash and noninterestbearing balances, securities, loans, and other
assets as well as liabilities tied to VIEs that
are reflected in the amounts reported in the
corresponding asset and liability categories
on the parent institution’s consolidated
balance sheet. While securitization activities
present many risks, the data on VIEs are
particularly useful for monitoring and
examining credit risk or the risk to earnings
performance from the VIEs’ activities.
Depending on the volume of an institution’s
VIEs, VIE assets that can be used only to
settle obligations of the consolidated VIEs
can also impact off-site assessments of the
parent institution’s liquidity position given
the restrictions on the use of the VIEs’ assets
for borrowing purposes. Thus, the analysis of
amounts reported in Schedule RC–V assists
with planning the proper scoping and
staffing of examinations of institutions with
activities conducted through VIEs.
Appendix B
FFIEC 051: To be completed by banks with
domestic offices only and total assets less
than $1 billion
Data Items Removed, Other Impacts to Data
Items, or New or Increased Reporting
Threshold
Data Items Removed
Schedule RC–A, Cash and Balances Due
from Depository Institutions, removed.
Schedule
Item
Item name
MDRM No.
RC–B .......................
4.a.(1) ....................
RC–B .......................
4.a.(2) ....................
RC–F .......................
3.a ..........................
RC–F .......................
3.b ..........................
RC–F .......................
6.d ..........................
SU ...........................
8.e ..........................
Residential mortgage pass-through securities: Guaranteed by
GNMA (Columns A through D).
Residential mortgage pass-through securities: Issued by FNMA
and FHLMC (Columns A through D).
Note: Items 4.a.(1) and 4.a.(2) of Schedule RC–B will be combined into one data item (new item 4.a).
Interest-only strips receivable (not in the form of a security) on
mortgage loans.
Interest-only strips receivable (not in the form of a security) on
other financial assets.
Note: Items 3.a and 3.b of Schedule RC–F will be combined into
one data item (new item 3).
Retained interests in accrued interest receivable related to
securitized credit cards.
Outstanding credit card fees and finance charges included in retail credit card receivables sold and securitized with servicing
retained or with recourse or other seller-provided credit enhancements.
RCONG300, RCONG301,
RCONG302, RCONG303.
RCONG304, RCONG305,
RCONG306, RCONG307.
RCONA519.
RCONA520.
RCONC436.
RCONC407.
amozie on DSK30RV082PROD with NOTICES
Other Impacts to Data Items
Schedule
Item
Item name
RC–B .......................
4.a.(1) (New) ..........
Residential mortgage pass-through securities: Issued or guaranteed by FNMA, FHLMC, or GNMA (Columns A through D).
Note: Items 4.a.(1) and 4.a.(2) of Schedule RC–B will be combined into this data item.
VerDate Sep<11>2014
17:17 Apr 10, 2018
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MDRM No.
E:\FR\FM\11APN1.SGM
11APN1
To be determined (TBD)—4
MDRM Numbers.
15687
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
Item name
RC–F .......................
3 (New) ..................
Interest-only strips receivable (not in the form of a security) .......
Note: Items 3.a and 3.b of Schedule RC–F removed above will
be combined into this data item.
Data Items With a New or Increased
Reporting Threshold
Schedule RC–T: Increase the threshold for
the exemption from reporting Schedule RC–
MDRM No.
T items 14 through 26, from institutions with
fiduciary assets of $100 million or less to
institutions with fiduciary assets of $250
million or less (that do not meet the fiduciary
income test for quarterly reporting).
Schedule
Item
Item name
RC–T .......................
RC–T .......................
14 ...........................
15.a ........................
RC–T .......................
15.b ........................
RC–T .......................
15.c ........................
RC–T .......................
RC–T .......................
16 ...........................
17 ...........................
RC–T .......................
18 ...........................
RC–T
RC–T
RC–T
RC–T
RC–T
RC–T
RC–T
19
20
21
22
23
24
25
Income from personal trust and agency accounts ........................
Income from employee benefit and retirement-related trust and
agency accounts: Employee benefit—defined contribution.
Income from employee benefit and retirement-related trust and
agency accounts: Employee benefit—defined benefit.
Income from employee benefit and retirement-related trust and
agency accounts: Other employee benefit and retirement-related accounts.
Income from corporate trust and agency accounts ......................
Income from investment management and investment advisory
agency accounts.
Income from foundation and endowment trust and agency accounts.
Income from other fiduciary accounts ...........................................
Income from custody and safekeeping accounts ..........................
Other fiduciary and related services income .................................
Total gross fiduciary and related services income ........................
Less: Expenses .............................................................................
Less: Net losses from fiduciary and related services ...................
Plus: Intracompany income credits for fiduciary and related services.
Net fiduciary and related services income ....................................
.......................
.......................
.......................
.......................
.......................
.......................
.......................
RC–T .......................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
26 ...........................
To be completed by banks with collective
investment funds and common trust funds
Schedule
M3.a .......................
RC–T .......................
M3.b .......................
RC–T .......................
M3.c .......................
RC–T .......................
M3.d .......................
RC–T .......................
M3.e .......................
RC–T .......................
M3.f ........................
RC–T .......................
M3.g .......................
MDRM No.
Item name
Collective investment funds and common trust funds:
equity (Columns A and B).
Collective investment funds and common trust funds:
national/Global equity (Columns A and B).
Collective investment funds and common trust funds:
Bond blend (Columns A and B).
Collective investment funds and common trust funds:
bond (Columns A and B).
Collective investment funds and common trust funds:
bond (Columns A and B).
Collective investment funds and common trust funds:
investments/Money market (Columns A and B).
Collective investment funds and common trust funds:
Other (Columns A and B).
amozie on DSK30RV082PROD with NOTICES
RIADA479.
RIADJ315.
RIADJ316.
RIADA480.
RIADB909.
RIADB910.
RIAD4070.
RIADC058.
RIADA488.
RIADB911.
RIADA491.
RCONB931, RCONB932.
Inter-
RCONB933, RCONB934.
Stock/
RCONB935, RCONB936
Taxable
RCONB937, RCONB938.
Municipal
RCONB939, RCONB940.
Short-term
RCONB941, RCONB942.
Specialty/
RCONB943, RCONB944.
Data Items Removed, Other Impacts to Data
Items, or New or Increased Reporting
Threshold
Data Items Removed
Jkt 244001
RIADB907.
Domestic
FFIEC 041: To Be Completed by Banks With
Domestic Offices Only and Consolidated
Total Assets Less Than $100 Billion, Except
Those Banks That File the FFIEC 051
17:17 Apr 10, 2018
RIADB906.
MDRM No.
Appendix C
VerDate Sep<11>2014
RIADB904
RIADB905.
with a total market value of $1 billion or
more as of the preceding December 31.
Item
RC–T .......................
TBD.
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15688
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–A .......................
RC–A .......................
2.a ..........................
2.b ..........................
RC–A .......................
RC–A .......................
3.a ..........................
3.b ..........................
RC–F .......................
3.a ..........................
RC–F .......................
3.b ..........................
RC–F .......................
6.d ..........................
RC–N ......................
M5.b.(1) .................
Balances due from U.S. branches and agencies of foreign banks
Balances due from other commercial banks in the U.S. and
other depository institutions in the U.S.
Note: Items 2.a and 2.b of Schedule RC–A will be combined into
one data item (new item 2).
Balances due from foreign branches of other U.S. banks ............
Balances due from other banks in foreign countries and foreign
central banks.
Note: Items 3.a and 3.b of Schedule RC–A will be combined into
one data item (new item 3).
Interest-only strips receivable (not in the form of a security) on
mortgage loans.
Interest-only strips receivable (not in the form of a security) on
other financial assets.
Note: Items 3.a and 3.b of Schedule RC–F will be combined into
one data item (new item 3).
Retained interests in accrued interest receivable related to
securitized credit cards.
Loans measured at fair value: Fair value (Columns A through C)
RC–N ......................
M5.b.(2) .................
RC–P .......................
1.a ..........................
RC–P .......................
1.b ..........................
RC–P .......................
1.c.(1) .....................
RC–P .......................
1.c.(2) .....................
RC–P .......................
2.a ..........................
RC–P .......................
2.b ..........................
RC–P .......................
2.c.(1) .....................
RC–P .......................
2.c.(2) .....................
RC–P .......................
3.a ..........................
RC–P .......................
3.b ..........................
RC–P .......................
3.c.(1) .....................
RC–P .......................
3.c.(2) .....................
RC–P .......................
4.a ..........................
RC–P .......................
4.b ..........................
RC–P .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
4.c.(1) .....................
RC–P .......................
4.c.(2) .....................
RC–P .......................
5.a ..........................
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17:17 Apr 10, 2018
Jkt 244001
MDRM No.
Loans measured at fair value: Unpaid principal balance (Columns A through C).
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Closed-end first liens.
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Closed-end junior liens.
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Open-end loans extended under
lines of credit: Total commitment under the lines of credit.
Note: Items 1.a, 1.b, and 1.c.(1) of Schedule RC–P will be combined into one data item (new item 1).
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Open-end loans extended under
lines of credit: Principal amount funded under the lines of
credit.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Closed-end first
liens.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Closed-end junior
liens.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Open-end loans extended under lines of credit: Total commitment under the lines
of credit.
Note: Items 2.a, 2.b, and 2.c.(1) of Schedule RC–P will be combined into one data item (new item 2).
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Open-end loans extended under lines of credit: Principal amount funded under
the lines of credit.
1–4 family residential mortgage loans sold during the quarter:
Closed-end first liens.
1–4 family residential mortgage loans sold during the quarter:
Closed-end junior liens.
1–4 family residential mortgage loans sold during the quarter:
Total commitment under the lines of credit.
Note: Items 3.a, 3.b, and 3.c.(1) of Schedule RC–P will be combined into one data item (new item 3).
1–4 family residential mortgage loans sold during the quarter:
Principal amount funded under the lines of credit.
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Closed-end first liens.
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Closed-end junior liens.
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Total commitment under the lines of credit.
Note: Items 4.a, 4.b, and 4.c.(1) of Schedule RC–P will be combined into one data item (new item 4).
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Principal amount funded under the lines of credit.
Noninterest income for the quarter from the sale, securitization,
and servicing of 1–4 family residential mortgage loans:
Closed-end 1–4 family residential mortgage loans.
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E:\FR\FM\11APN1.SGM
11APN1
RCON0083.
RCON0085.
RCON0073.
RCON0074.
RCONA519.
RCONA520.
RCONC436.
RCONF664, RCONF665,
RCONF666.
RCONF667, RCONF668,
RCONF669.
RCONF066.
RCONF067.
RCONF670.
RCONF671.
RCONF068.
RCONF069.
RCONF672.
RCONF673.
RCONF070.
RCONF071.
RCONF674.
RCONF675.
RCONF072.
RCONF073.
RCONF676.
RCONF677.
RIADF184.
15689
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
Item name
RC–P .......................
5.b ..........................
RC–P .......................
6.a ..........................
RC–P .......................
6.b ..........................
RC–P .......................
6.c.(1) .....................
RC–P .......................
6.c.(2) .....................
RC–Q ......................
2 .............................
RC–Q ......................
9 .............................
Noninterest income for the quarter from the sale, securitization,
and servicing of 1–4 family residential mortgage loans: Openend 1–4 family residential mortgage loans extended under
lines of credit.
Note: Items 5.a and 5.b of Schedule RC–P will be combined into
one data item (new item 5).
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Closed-end first liens.
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Closed-end junior liens.
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Total commitment under the
lines of credit.
Note: Items 6.a, 6.b, and 6.c.(1) of Schedule RC–P will be combined into one data item (new item 6).
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Principal amount funded under
the lines of credit.
Federal funds sold and securities purchased under agreements
to resell (Columns A through E).
Note: Item 2 of Schedule RC–Q will be included in item 6, All
other assets.
Federal funds purchased and securities sold under agreements
to repurchase (Columns A through E).
RC–Q ......................
11 ...........................
Other borrowed money (Columns A through E) ...........................
RC–Q ......................
12 ...........................
RC–Q ......................
M3.a.(1) .................
RC–Q ......................
RC–Q ......................
M3.a.(2) .................
M3.a.(4) .................
RC–Q ......................
M3.a.(5) .................
RC–Q ......................
M3.a.(3)(a) .............
RC–Q ......................
M3.a.(3)(b)(1) .........
RC–Q ......................
M3.a.(3)(b)(2) .........
RC–Q
RC–Q
RC–Q
RC–Q
M3.c.(1)
M3.c.(2)
M3.c.(3)
M3.c.(4)
Subordinated notes and debentures (Columns A through E) .......
Note: Items 9, 11 and 12 of Schedule RC–Q will be included in
item 13, All other liabilities.
Loans measured at fair value: Construction, land development,
and other land loans.
Loans measured at fair value: Secured by farmland ....................
Loans measured at fair value: Secured by multifamily (5 or
more) residential properties.
Loans measured at fair value: Secured by nonfarm nonresidential properties.
Note: Items M3.a.(1), M3.a.(2), M3.a.(4), and M3.a.(5) of Schedule RC–Q will be combined into one data item (new item
M3.a.(2)).
Loans measured at fair value: Revolving, open-end loans secured by 1–4 family residential properties and extended under
lines of credit.
Loans measured at fair value: Closed-end loans secured by 1–4
family residential properties: Secured by first liens.
Loans measured at fair value: Closed-end loans secured by 1–4
family residential properties: Secured by junior liens.
Note: Items M3.a.(3)(a), M3.a.(3)(b)(1), and M3.a.(3)(b)(2) of
Schedule RC–Q will be combined into one data item (new
item M3.a.(1)).
Loans measured at fair value: Credit cards ..................................
Loans measured at fair value: Other revolving credit plans .........
Loans measured at fair value: Automobile loans ..........................
Loans measured at fair value: Other consumer loans ..................
Note: Items M3.c.(1), M3.c.(2), M3.c.(3), and M3.c.(4) of Schedule RC–Q will be combined into one data item (new item
M3.c).
Unpaid principal balance of loans measured at fair value: Construction, land development, and other land loans.
Unpaid principal balance of loans measured at fair value: Secured by farmland.
Unpaid principal balance of loans measured at fair value: Secured by multifamily (5 or more) residential properties.
Unpaid principal balance of loans measured at fair value: Secured by nonfarm nonresidential properties.
Note: Items M4.a.(1), M4.a.(2), M4.a.(4), and M4.a(5) of Schedule RC–Q will be combined into one data item (new item
M4.a.(2)).
Unpaid principal balance of loans measured at fair value: Revolving, open-end loans secured by 1–4 family residential
properties and extended under lines of credit.
......................
......................
......................
......................
..................
..................
..................
..................
M4.a.(1) .................
RC–Q ......................
M4.a.(2) .................
RC–Q ......................
amozie on DSK30RV082PROD with NOTICES
RC–Q ......................
M4.a.(4) .................
RC–Q ......................
M4.a.(5) .................
RC–Q ......................
M4.a.(3)(a) .............
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17:17 Apr 10, 2018
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E:\FR\FM\11APN1.SGM
11APN1
RIADF560.
RCONF678.
RCONF679.
RCONF680.
RCONF681.
RCONG478, RCONG479,
RCONG480, RCONG481,
RCONG482.
RCONG507, RCONG508,
RCONG509, RCONG510,
RCONG511.
RCONG521, RCONG522,
RCONG523, RCONG524,
RCONG525.
RCONG526, RCONG527,
RCONG528, RCONG529,
RCONG530.
RCONF578.
RCONF579.
RCONF583.
RCONF584.
RCONF580.
RCONF581.
RCONF582.
RCONF586.
RCONF587.
RCONK196.
RCONK208.
RCONF590.
RCONF591.
RCONF595.
RCONF596.
RCONF592.
15690
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–Q ......................
M4.a.(3)(b)(1) .........
RC–Q ......................
M4.a.(3)(b)(2) .........
RC–Q ......................
M4.c.(1) ..................
RC–Q ......................
M4.c.(2) ..................
RC–Q ......................
M4.c.(3) ..................
RC–Q ......................
M4.c.(4) ..................
RC–S .......................
1 .............................
RC–S .......................
2.a ..........................
RC–S .......................
2.b ..........................
RC–S .......................
2.c ..........................
RC–S .......................
3 .............................
Unpaid principal balance of loans measured at fair value:
Closed-end loans secured by 1–4 family residential properties:
Secured by first liens.
Unpaid principal balance of loans measured at fair value:
Closed-end loans secured by 1–4 family residential properties:
Secured by junior liens.
Note: Items M4.a.(3)(a), M4.a.(3)(b)(1), and M4.a.(3)(b)(2) of
Schedule RC–Q will be combined into one data item (new
item M4.a.(1)).
Unpaid principal balance of loans measured at fair value: Credit
cards.
Unpaid principal balance of loans measured at fair value: Other
revolving credit plans.
Unpaid principal balance of loans measured at fair value: Automobile loans.
Unpaid principal balance of loans measured at fair value: Other
consumer loans.
Note: Items M4.c.(1), M4.c.(2), M4.c.(3), and M4.c.(4) of Schedule RC–Q will be combined into one data item (new item
M4.c).
Outstanding principal balance of assets sold and securitized by
the reporting bank with servicing retained or with recourse or
other seller-provided credit enhancements (Columns B
through F).
Note: Item 1, Columns B through F, of Schedule RC–S will be
included in item 1, Column G.
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 in the form of: Credit-enhancing interest-only strips (Columns A through G).
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 in the form of: Subordinated securities
and other residual interests (Columns A through G).
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 in the form of: Standby letters of credit and other enhancements (Columns A through G).
Note: Items 2.a, 2.b, and 2.c, Columns A and G, of Schedule
RC–S will be combined into one data item (new item 2) for
Columns A and G.
Reporting bank’s unused commitments to provide liquidity to
structures reported in item 1 (Columns A through G).
RC–S .......................
4.a ..........................
RC–S .......................
4.b ..........................
RC–S .......................
5.a ..........................
RC–S .......................
5.b ..........................
RC–S .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
6.a ..........................
RC–S .......................
6.b ..........................
RC–S .......................
7.a ..........................
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Past due loan amounts included in item 1: 30–89 days past due
(Columns B through F).
Note: Item 4.a, Columns B through F, of Schedule RC–S will be
included in item 4.a, Column G.
Past due loan amounts included in item 1: 90 days or more past
due (Columns B through F).
Note: Item 4.b, Columns B through F, of Schedule RC–S will be
included in item 4.b, Column G.
Charge-offs and recoveries on assets sold and securitized with
servicing retained or with recourse or other seller-provided
credit enhancements: Charge-offs (Columns B through F).
Note: Item 5.a, Columns B through F, of Schedule RC–S will be
included in item 5.a, Column G.
Charge-offs and recoveries on assets sold and securitized with
servicing retained or with recourse or other seller-provided
credit enhancements: Recoveries (Columns B through F).
Note: Item 5.b, Columns B through F, of Schedule RC–S will be
included in item 5.b, Column G.
Amount of ownership (or seller’s) interests carried as: Securities
(Columns B, C, and F).
Amount of ownership (or seller’s) interests carried as: Loans
(Columns B, C, and F).
Note: Items 6.a and 6.b, Columns B, C, and F, of Schedule RC–
S will be combined into one data item (new item 6) for Column G.
Past due loan amounts included in interests reported in item 6.a:
30–89 days past due (Columns B, C, and F).
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E:\FR\FM\11APN1.SGM
11APN1
RCONF593.
RCONF594.
RCONF598.
RCONF599.
RCONK195.
RCONK209.
RCONB706, RCONB707,
RCONB708, RCONB709,
RCONB710.
RCONB712, RCONB713,
RCONB714, RCONB715,
RCONB716, RCONB717,
RCONB718.
RCONC393, RCONC394,
RCONC395, RCONC396,
RCONC397, RCONC398,
RCONC399.
RCONC400, RCONC401,
RCONC402, RCONC403,
RCONC404, RCONC405,
RCONC406.
RCONB726, RCONB727,
RCONB728, RCONB729,
RCONB730, RCONB731,
RCONB732.
RCONB734, RCONB735,
RCONB736, RCONB737,
RCONB738.
RCONB741, RCONB742,
RCONB743, RCONB744,
RCONB745.
RIADB748, RIADB749,
RIADB750, RIADB751,
RIADB752.
RIADB755, RIADB756,
RIADB757, RIADB758,
RIADB759.
RCONB761, RCONB762,
RCONB763.
RCONB500, RCONB501,
RCONB502.
RCONB764, RCONB765,
RCONB766.
15691
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–S .......................
7.b ..........................
RC–S .......................
8.a ..........................
RC–S .......................
8.b ..........................
RC–S .......................
9 .............................
RC–S .......................
10 ...........................
RC–S .......................
11 ...........................
RC–S .......................
12 ...........................
RC–S .......................
M1.a .......................
RC–S .......................
M1.b .......................
RC–V .......................
All data items reported for ‘‘ABCP
Conduits’’ (Column B).
Past due loan amounts included in interests reported in item 6.a:
90 days or more past due (Columns B, C, and F).
Charge-offs and recoveries on loan amounts included in interests reported in item 6.a: 30–89 days past due (Columns B,
C, and F).
Charge-offs and recoveries on loan amounts included in interests reported in item 6.a: 90 days or more past due (Columns
B, C, and F).
Maximum amount of credit exposure arising from credit enhancements provided by the reporting bank to other institutions’ securitization structures in the form of standby letters of
credit, purchased subordinated securities, and other enhancements (Columns B through F).
Note: Item 9, Columns B through F, of Schedule RC–S will be
included in item 9, Column G.
Reporting bank’s unused commitments to provide liquidity to
other institutions’ securitization structures (Columns B through
F).
Note: Item 10, Columns B through F, of Schedule RC–S will be
included in item 10, Column G.
Assets sold with recourse or other seller-provided credit enhancements and not securitized by the reporting bank (Columns B through F).
Note: Item 11, Columns B through F, of Schedule RC–S will be
included in item 11, Column G.
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to assets
reported in item 11 (Columns B through F).
Note: Item 12, Columns B through F, of Schedule RC–S will be
included in item 12, Column G.
Small business obligations transferred with recourse under Section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994: Outstanding principal balance.
Note: Item M.l.a of Schedule RC–S will be included in item 1 or
item 11, Column G, as appropriate.
Small business obligations transferred with recourse under Section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994: Amount of retained recourse
on these obligations as of the report date.
Note: Item M.1.b of Schedule RC–S will be included in item 2 or
12, Column G, as appropriate.
ABCP Conduits (Column B) ..........................................................
Note: Data items currently reported for ‘‘ABCP Conduits’’ (Column B) will be included in the ‘‘Other VIEs’’ column (Column
C, to be relabeled as Column B) of Schedule RC–V by line
item, as reflected below.
RC–V .......................
1.b ..........................
RC–V .......................
1.c ..........................
RC–V .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
1.d ..........................
RC–V .......................
1.e ..........................
RC–V .......................
1.f ...........................
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Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Held-to-maturity securities (Columns A and C).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Available-for-sale securities (Columns A and C).
Note: Items 1.b and 1.c, Columns A and C, of Schedule RC–V
will be combined into one data item (new item 1.b) for Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Securities purchased under agreements to resell (Columns A
and C).
Note: Item 1.d, Columns A and C, of Schedule RC–V will be included in item 1.k, Other assets (renumbered as item 1.e), for
Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Loans and leases held for sale (Columns A and C).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Loans and leases held for investment (Columns A and C).
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E:\FR\FM\11APN1.SGM
11APN1
RCONB767, RCONB768,
RCONB769.
RIADB770, RIADB771,
RIADB772.
RIADB773, RIADB774,
RIADB775.
RCONB777, RCONB778,
RCONB779, RCONB780,
RCONB781.
RCONB784, RCONB785,
RCONB786, RCONB787,
RCONB788.
RCONB791, RCONB792,
RCONB793, RCONB794,
RCONB795.
RCONB798, RCONB799,
RCONB800, RCONB801,
RCONB802.
RCONA249.
RCONA250.
RCONJ982, RCONJ985,
RCONJ988, RCONJ991,
RCONJ994, RCONJ997,
RCONK001, RCONK004,
RCONK007, RCONK010,
RCONK013, RCONK016,
RCONK019, RCONK022,
RCONK025, RCONK028,
RCONK031, RCONK034.
RCONJ984, RCONJ986.
RCONJ987, RCONJ989.
RCONJ990, RCONJ992.
RCONJ993, RCONJ995.
RCONJ996, RCONJ998.
15692
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
Item name
MDRM No.
RC–V .......................
1.g ..........................
RC–V .......................
1.h ..........................
RC–V .......................
1.i ...........................
RC–V .......................
2.a ..........................
RC–V .......................
2.b ..........................
RC–V .......................
2.c ..........................
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Less: Allowance for loan and lease losses (Columns A and C).
Note: Items 1.e, 1.f, and 1.g, Columns A and C, of Schedule
RC–V will be combined into one data item (new item 1.c) for
Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Trading assets (other than derivatives) (Columns A and C).
Note: Item 1.h, Columns A and C, of Schedule RC–V will be included in item 1.k, Other assets (renumbered as item 1.e), for
Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Derivative trading assets (Columns A and C).
Note: Item 1.i, Columns A and C, of Schedule RC–V will be included in item 1.k, Other assets (renumbered as item 1.e), for
Columns A and C (the latter to be relabeled as Column B).
Liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting bank: Securities
sold under agreements to repurchase (Columns A and C).
Note: Item 2.a, Columns A and C, of Schedule RC–V will be included in item 2.e, Other liabilities (renumbered as item 2.b),
for Columns A and C (the latter to be relabeled as Column B).
Liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting bank: Derivative
trading liabilities (Columns A and C).
Note: Item 2.b, Columns A and C, of Schedule RC–V will be included in item 2.e, Other liabilities (renumbered as item 2.b),
for Columns A and C (the latter to be relabeled as Column B).
Liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting bank: Commercial paper (Columns A and C).
Note: Item 2.c, Columns A and C, of Schedule RC–V will be included in item 2.d, Other borrowed money (renumbered as
item 2.a), for Columns A and C (the latter to be relabeled as
Column B).
RCONJ999, RCONK002.
RCONK003, RCONK005.
RCONK006, RCONK008.
RCONK015, RCONK017.
RCONK018, RCONK020.
RCONK021, RCONK023.
Other Impacts to Data Items
Item
Item name
RC–A .......................
2 (New) ..................
RC–A .......................
3 (New) ..................
RC–F .......................
3 (New) ..................
RC–P .......................
1 (New) ..................
RC–P .......................
2 (New) ..................
RC–P .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
3 (New) ..................
RC–P .......................
4 (New) ..................
RC–P .......................
5 (New) ..................
Balances due from depository institutions in the U.S. ..................
Note: Items 2.a. and 2.b of Schedule RC–A will be combined
into this data item.
Balances due from banks in foreign countries and foreign central
banks.
Note: Items 3.a. and 3.b of Schedule RC–A will be combined
into this data item.
Interest-only strips receivable (not in the form of a security) .......
Note: Items 3.a and 3.b of Schedule RC–F will be combined into
this data item.
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale.
Note: Items 1.a, 1.b, and 1.c.(1) of Schedule RC-P will be combined into this data item.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale.
Note: Items 2.a, 2.b, and 2.c.(1) of Schedule RC-P will be combined into this data item.
1–4 family residential mortgage loans sold during the quarter .....
Note: Items 3.a, 3.b, and 3.c.(1) of Schedule RC-P will be combined into this data item.
1–4 family residential mortgage loans held for sale or trading at
quarter-end.
Note: Items 4.a, 4.b, and 4.c.(1) of Schedule RC-P will be combined into this data item.
Noninterest income for the quarter from the sale, securitization,
and servicing of 1–4 family residential mortgage loans.
Note: Items 5.a and 5.b of Schedule RC–P will be combined into
this data item.
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MDRM No.
E:\FR\FM\11APN1.SGM
11APN1
RCON0082.
RCON0070.
To be determined (TBD).
TBD.
TBD.
TBD.
TBD.
TBD.
15693
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–P .......................
6 (New) ..................
RC–Q ......................
M3.a.(1) (New) .......
RC–Q ......................
M3.a.(2) (New) .......
RC–Q ......................
M3.c (New) ............
RC–Q ......................
M4.a.(1) (New) .......
RC–Q ......................
M4.a.(2) (New) .......
RC–Q ......................
M4.c (New) ............
RC–S .......................
2 (New) ..................
RC–S .......................
6 (New) ..................
RC–V .......................
1.b (New) ...............
RC–V .......................
1.c (New) ...............
RC–V .......................
5 (New) ..................
RC–V .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
6 (New) ..................
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter.
Note: Items 6.a, 6.b, and 6.c.(1) of Schedule RC-P will be combined into this data item.
Loans measured at fair value: Secured by 1–4 family residential
properties.
Note: Items M3.a.(3)(a), M3.a.(3)(b)(1), and M3.a.(3)(b)(1) of
Schedule RC–Q will be combined into this data item.
Loans measured at fair value: All other loans secured by real
estate.
Note: Items M3.a.(1), M3.a.(2), M3.a.(4), and M3.a.(5) of Schedule RC–Q will be combined into this data item.
Loans measured at fair value: Loans to individuals for household, family, and other personal expenditures.
Note: Items M3.c.(1), M3.c.(2), M3.c.(3), and M3.c.(4) of Schedule RC–Q will be combined into this data item.
Unpaid principal balance of loans measured at fair value: Secured by 1–4 family residential properties.
Note: Items M4.a.(3)(a), M4.a.(3)(b)(1), and M4.a.(3)(b)(2) of
Schedule RC–Q will be combined into this data item.
Unpaid principal balance of loans measured at fair value: All
other loans secured by real estate.
Note: Items M4.a.(1), M4.a.(2), M4.a.(4), and M4.a.(5) of Schedule RC–Q will be combined into this data item.
Unpaid principal balance of loans measured at fair value: Loans
to individuals for household, family, and other personal expenditures.
Note: Items M4.c.(1), M4.c.(2), M4.c.(3), and M4.c.(4) of Schedule RC–Q will be combined into this data item.
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 (Columns A and G).
Note: Items 2.a, 2.b, and 2.c, Columns A and G, of Schedule
RC–S will be combined into this data item.
Total amount of ownership (or seller’s) interest carried as securities or loans (Columns B, C, and F).
Note: Items 6.a and 6.b, Columns B, C, and F, of Schedule RC–
S will be combined into this data item for Column G.
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Securities (Columns A and C).
Note: Items 1.b and 1.c, Columns A and C, of Schedule RC–V
removed above will be combined into this data item for Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Loans and leases held for investment, net of allowance, and
held for sale (Columns A and C).
Note: Items 1.e, 1.f, and 1.g, Columns A and C, of Schedule
RC–V removed above will be combined into this data item for
Columns A and C (the latter to be relabeled as Column B).
Total assets of asset-backed commercial paper (ABCP) conduit
VIEs.
Total liabilities of ABCP conduit VIEs ...........................................
Data Items With a New or Increased
Reporting Threshold
Schedule RC–P is to be completed by
institutions where any of the following
residential mortgage banking activities
exceeds $10 million for two consecutive
quarters:
• 1–4 family residential mortgage loan
originations and purchases for resale from all
sources during a calendar quarter; or
MDRM No.
• 1–4 family residential mortgage loan
sales during a calendar quarter; or
• 1–4 family residential mortgage loans
held for sale or trading at calendar quarterend.
Schedule RC–Q is to be completed by
banks that: (1) Have elected to report
financial instruments or servicing assets and
liabilities at fair value under a fair value
option with changes in fair value recognized
Item
Item name
RC–T .......................
RC–T .......................
14 ...........................
15.a ........................
Income from personal trust and agency accounts ........................
Income from employee benefit and retirement-related trust and
agency accounts: Employee benefit—defined contribution.
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TBD.
TBD.
TBD.
TBD.
TBD.
TBD.
TBD (2 MDRM Numbers).
TBD (3 MDRM Numbers).
TBD (2 MDRM Numbers).
TBD (2 MDRM Numbers).
TBD.
TBD.
in earnings, or (2) are required to complete
Schedule RC–D, Trading Assets and
Liabilities.
Schedule RC–T: Increase the threshold for
the exemption from reporting Schedule RC–
T, data items 14 through 26, from institutions
with fiduciary assets of $100 million or less
to institutions with fiduciary assets of $250
million or less (that do not meet the fiduciary
income test for quarterly reporting).
Schedule
VerDate Sep<11>2014
TBD.
MDRM No.
E:\FR\FM\11APN1.SGM
11APN1
RIADB904
RIADB905.
15694
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
Item name
RC–T .......................
15.b ........................
RC–T .......................
15.c ........................
RC–T .......................
RC–T .......................
16 ...........................
17 ...........................
RC–T .......................
18 ...........................
RC–T
RC–T
RC–T
RC–T
RC–T
RC–T
RC–T
19
20
21
22
23
24
25
Income from employee benefit and retirement-related trust and
agency accounts: Employee benefit—defined benefit.
Income from employee benefit and retirement-related trust and
agency accounts: Other employee benefit and retirement-related accounts.
Income from corporate trust and agency accounts ......................
Income from investment management and investment advisory
agency accounts.
Income from foundation and endowment trust and agency accounts.
Income from other fiduciary accounts ...........................................
Income from custody and safekeeping accounts ..........................
Other fiduciary and related services income .................................
Total gross fiduciary and related services income ........................
Less: Expenses .............................................................................
Less: Net losses from fiduciary and related services ...................
Plus: Intracompany income credits for fiduciary and related services.
Net fiduciary and related services income ....................................
.......................
.......................
.......................
.......................
.......................
.......................
.......................
RC–T .......................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
26 ...........................
To be completed by banks with collective
investment funds and common trust funds
Schedule
M3.a .......................
RC–T .......................
M3.b .......................
RC–T .......................
M3.c .......................
RC–T .......................
M3.d .......................
RC–T .......................
M3.e .......................
RC–T .......................
M3.f ........................
RC–T .......................
M3.g .......................
RIADB906.
RIADB907.
RIADA479.
RIADJ315.
RIADJ316.
RIADA480.
RIADB909.
RIADB910.
RIAD4070.
RIADC058.
RIADA488.
RIADB911.
RIADA491.
with a total market value of $1 billion or
more as of the preceding December 31.
Item
RC–T .......................
MDRM No.
Item name
MDRM No.
Collective investment funds and common trust funds:
equity (Columns A and B).
Collective investment funds and common trust funds:
national/Global equity (Columns A and B).
Collective investment funds and common trust funds:
Bond blend (Columns A and B).
Collective investment funds and common trust funds:
bond (Columns A and B).
Collective investment funds and common trust funds:
bond (Columns A and B).
Collective investment funds and common trust funds:
investments/Money market (Columns A and B).
Collective investment funds and common trust funds:
Other (Columns A and B).
Domestic
RCONB931, RCONB932.
Inter-
RCONB933, RCONB934.
Stock/
RCONB935, RCONB936.
Taxable
RCONB937, RCONB938.
Municipal
RCONB939, RCONB940.
Short-term
RCONB941, RCONB942.
Specialty/
RCONB943, RCONB944.
To be completed by banks with $10 billion
or more in total assets.
Item
Item name
RC–S .......................
6 (New) ..................
RC–S .......................
10 ...........................
RC–S .......................
M3.a.(1) .................
RC–S .......................
M3.a.(2) .................
RC–S .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
M3.b.(1) .................
RC–S .......................
M3.b.(2) .................
Total amount of ownership (or seller’s) interest carried as securities or loans (Column G).
Reporting bank’s unused commitments to provide liquidity to
other institutions’ securitization structures (Columns A and G).
Asset-backed commercial paper conduits: Maximum amount of
credit exposure arising from credit enhancements provided to
conduit structures in the form of standby letters of credit, subordinated securities, and other enhancements: Conduits sponsored by the bank, a bank affiliate, or the bank’s holding company.
Asset-backed commercial paper conduits: Maximum amount of
credit exposure arising from credit enhancements provided to
conduit structures in the form of standby letters of credit, subordinated securities, and other enhancements: Conduits sponsored by other unrelated institutions.
Asset-backed commercial paper conduits: Unused commitments
to provide liquidity to conduit structures: Conduits sponsored
by the bank, a bank affiliate, or the bank’s holding company.
Asset-backed commercial paper conduits: Unused commitments
to provide liquidity to conduit structures: Conduits sponsored
by other unrelated institutions.
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E:\FR\FM\11APN1.SGM
11APN1
TBD.
RCONB783, RCONB789.
RCONB806.
RCONB807.
RCONB808.
RCONB809.
15695
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
RC–S .......................
Item name
M4 ..........................
MDRM No.
Outstanding credit card fees and finance charges included in
Schedule RC–S, item 1, column C.
Note: With the combining of Columns B through F of item 1 of
Schedule RC–S into item 1, Column G, of Schedule RC–S,
the reference to column C in the caption for M4 will be
changed to column G.
RCONC407.
Appendix D
FFIEC 031: To Be Completed by Banks With
Domestic and Foreign Offices and Banks
With Domestic Offices Only and
Consolidated Total Assets of $100 Billion or
More
Data Items Removed, Other Impacts to Data
Items, or New or Increased Reporting
Threshold
Data Items Removed
Item
Item name
RC–A .......................
2.a ..........................
RC–A .......................
2.b ..........................
RC–A .......................
3.a ..........................
RC–A .......................
3.b ..........................
RC–F .......................
3.a ..........................
RC–F .......................
3.b ..........................
RC–F .......................
6.d ..........................
RC–N ......................
M5.b.(1) .................
Balances due from U.S. branches and agencies of foreign banks
(Column A).
Balances due from other commercial banks in the U.S. and
other depository institutions in the U.S. (Column A).
Note: Items 2.a and 2.b (Column A), of Schedule RC–A will be
combined into one data item (new item 2).
Balances due from foreign branches of other U.S. banks (Column A).
Balances due from other banks in foreign countries and foreign
central banks (Column A).
Note: Items 3.a and 3.b (Column A), of Schedule RC–A will be
combined into one data item (new item 3).
Interest-only strips receivable (not in the form of a security) on
mortgage loans.
Interest-only strips receivable (not in the form of a security) on
other financial assets.
Note: Items 3.a and 3.b of Schedule RC–F will be combined into
one data item (new item 3).
Retained interests in accrued interest receivable related to
securitized credit cards.
Loans measured at fair value: Fair value (Columns A through C)
RC–N ......................
M5.b.(2) .................
RC–P .......................
1.a ..........................
RC–P .......................
1.b ..........................
RC–P .......................
1.c.(1) .....................
RC–P .......................
1.c.(2) .....................
RC–P .......................
2.a ..........................
RC–P .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
2.b ..........................
RC–P .......................
2.c.(1) .....................
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Loans measured at fair value: Unpaid principal balance (Columns A through C).
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Closed-end first liens.
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Closed-end junior liens.
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Open-end loans extended under
lines of credit: Total commitment under the lines of credit.
Note: Items 1.a, 1.b, and 1.c.(1) of Schedule RC–P will be combined into one data item (new item 1).
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale: Open-end loans extended under
lines of credit: Principal amount funded under the lines of
credit.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Closed-end first
liens.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Closed-end junior
liens.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Open-end loans extended under lines of credit: Total commitment under the lines
of credit.
Note: Items 2.a, 2.b, and 2.c.(1) of Schedule RC–P will be combined into one data item (new item 2).
PO 00000
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E:\FR\FM\11APN1.SGM
11APN1
RCFD0083.
RCFD0085.
RCFD0073.
RCFD0074.
RCFDA519.
RCFDA520.
RCFDC436.
RCFDF664, RCFDF665,
RCFDF666.
RCFDF667, RCFDF668,
RCFDF669.
RCONF066.
RCONF067.
RCONF670.
RCONF671.
RCONF068.
RCONF069.
RCONF672.
15696
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–P .......................
2.c.(2) .....................
RC–P .......................
3.a ..........................
RC–P .......................
3.b ..........................
RC–P .......................
3.c.(1) .....................
RC–P .......................
3.c.(2) .....................
RC–P .......................
4.a ..........................
RC–P .......................
4.b ..........................
RC–P .......................
4.c.(1) .....................
RC–P .......................
4.c.(2) .....................
RC–P .......................
5.a ..........................
RC–P .......................
5.b ..........................
RC–P .......................
6.a ..........................
RC–P .......................
6.b ..........................
RC–P .......................
6.c.(1) .....................
RC–P .......................
6.c.(2) .....................
RC–Q ......................
M3.a .......................
RC–Q ......................
M3.a.(1) .................
RC–Q ......................
RC–Q ......................
M3.a.(2) .................
M3.a.(4) .................
RC–Q ......................
M3.a.(5) .................
RC–Q ......................
M3.a.(3)(a) .............
RC–Q ......................
M3.a.(3)(b)(1) .........
RC–Q ......................
amozie on DSK30RV082PROD with NOTICES
Schedule
M3.a.(3)(b)(2) .........
RC–Q ......................
M3.b .......................
RC–Q ......................
RC–Q ......................
M3.c.(1) ..................
M3.c.(2) ..................
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loans for sale: Open-end loans extended under lines of credit: Principal amount funded under
the lines of credit.
1–4 family residential mortgage loans sold during the quarter:
Closed-end first liens.
1–4 family residential mortgage loans sold during the quarter:
Closed-end junior liens.
1–4 family residential mortgage loans sold during the quarter:
Total commitment under the lines of credit.
Note: Items 3.a, 3.b, and 3.c.(1) of Schedule RC–P will be combined into one data item (new item 3).
1–4 family residential mortgage loans sold during the quarter:
Principal amount funded under the lines of credit.
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Closed-end first liens.
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Closed-end junior liens.
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Total commitment under the lines of credit.
Note: Items 4.a, 4.b, and 4.c.(1) of Schedule RC–P will be combined into one data item (new item 4).
1–4 family residential mortgage loans held for sale or trading at
quarter-end: Principal amount funded under the lines of credit.
Noninterest income for the quarter from the sale, securitization,
and servicing of 1–4 family residential mortgage loans:
Closed-end 1–4 family residential mortgage loans.
Noninterest income for the quarter from the sale, securitization,
and servicing of 1–4 family residential mortgage loans: Openend 1–4 family residential mortgage loans extended under
lines of credit.
Note: Items 5.a and 5.b of Schedule RC–P will be combined into
one data item (new item 5).
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Closed-end first liens.
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Closed-end junior liens.
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Total commitment under the
lines of credit.
Note: Items 6.a, 6.b, and 6.c.(1) of Schedule RC–P will be combined into one data item (new item 6).
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter: Principal amount funded under
the lines of credit.
Loans measured at fair value: Loans secured by real estate
(Column A).
Loans measured at fair value: Construction, land development,
and other land loans (Column B).
Loans measured at fair value: Secured by farmland (Column B)
Loans measured at fair value: Secured by multifamily (5 or
more) residential properties (Column B).
Loans measured at fair value: Secured by nonfarm nonresidential properties (Column B).
Note: Items M3.a.(1), M3.a.(2), M3.a.(4), and M3.a.(5), Column
B, of Schedule RC–Q will be combined into one data item for
the consolidated bank (new item M3.a.(2), Column A).
Loans measured at fair value: Revolving, open-end loans secured by 1–4 family residential properties and extended under
lines of credit (Column B).
Loans measured at fair value: Closed-end loans secured by 1–4
family residential properties: Secured by first liens (Column B).
Loans measured at fair value: Closed-end loans secured by 1–4
family residential properties: Secured by junior liens (Column
B).
Note: Items M3.a.(3)(a), M3.a.(3)(b)(1), and M3.a.(3)(b)(2), Column B, of Schedule RC–Q will be combined into one data
item for the consolidated bank (new item M3.a.(1), Column A).
Loans measured at fair value: Commercial and industrial loans
(Column B).
Loans measured at fair value: Credit cards (Columns A and B) ..
Loans measured at fair value: Other revolving credit plans (Columns A and B).
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11APN1
RCONF673.
RCONF070.
RCONF071.
RCONF674.
RCONF675.
RCONF072.
RCONF073.
RCONF676.
RCONF677.
RIADF184.
RIADF560.
RCONF678.
RCONF679.
RCONF680.
RCONF681.
RCFDF608.
RCONF578.
RCONF579.
RCONF583.
RCONF584.
RCONF580.
RCONF581.
RCONF582.
RCONF585.
RCFDF586, RCONF586.
RCFDF587, RCONF587.
15697
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–Q ......................
M3.c.(3) ..................
RC–Q ......................
M3.c.(4) ..................
RC–Q ......................
RC–Q ......................
M3.d .......................
M4.a .......................
RC–Q ......................
M4.a.(1) .................
RC–Q ......................
M4.a.(2) .................
RC–Q ......................
M4.a.(4) .................
RC–Q ......................
M4.a.(5) .................
RC–Q ......................
M4.a.(3)(a) .............
RC–Q ......................
M4.a.(3)(b)(1) .........
RC–Q ......................
M4.a.(3)(b)(2) .........
RC–Q ......................
M4.b .......................
RC–Q ......................
M4.c.(1) ..................
RC–Q ......................
M4.c.(2) ..................
RC–Q ......................
M4.c.(3) ..................
RC–Q ......................
M4.c.(4) ..................
RC–Q ......................
M4.d .......................
RC–S .......................
2.a ..........................
RC–S .......................
2.b ..........................
RC–S .......................
2.c ..........................
RC–S .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
6.a ..........................
RC–S .......................
6.b ..........................
RC–S .......................
7.a ..........................
RC–S .......................
7.b ..........................
Loans measured at fair value: Automobile loans (Columns A and
B).
Loans measured at fair value: Other consumer loans (Columns
A and B).
Note: Items M3.c.(1), M3.c.(2), M3.c.(3), and M3.c.(4), Column
A, of Schedule RC–Q will be combined into one data item for
the consolidated bank (new item M3.c, Column A).
Loans measured at fair value: Other loans (Column B) ...............
Unpaid principal balance of loans measured at fair value: Loans
secured by real estate (Column A).
Unpaid principal balance of loans measured at fair value: Construction, land development, and other land loans (Column B).
Unpaid principal balance of loans measured at fair value: Secured by farmland (Column B).
Unpaid principal balance of loans measured at fair value: Secured by multifamily (5 or more) residential properties (Column B).
Unpaid principal balance of loans measured at fair value: Secured by nonfarm nonresidential properties (Column B).
Note: Items M4.a.(1), M4.a.(2), M4.a.(4), and M4.a.(5), Column
B, of Schedule RC–Q will be combined into one data item for
the consolidated bank (new item M4.a.(2), Column A).
Unpaid principal balance of loans measured at fair value: Revolving, open-end loans secured by 1–4 family residential
properties and extended under lines of credit (Column B).
Unpaid principal balance of loans measured at fair value:
Closed-end loans secured by 1–4 family residential properties:
Secured by first liens (Column B).
Unpaid principal balance of loans measured at fair value:
Closed-end loans secured by 1–4 family residential properties:
Secured by junior liens (Column B).
Note: Items M4.a.(3)(a), M4.a.(3)(b)(1), and M4.a.(3)(b)(2), Column B, of Schedule RC–Q will be combined into one data
item for the consolidated bank (new item M4.a.(1), Column A).
Unpaid principal balance of loans measured at fair value: Commercial and industrial loans (Column B).
Unpaid principal balance of loans measured at fair value: Credit
cards (Columns A and B).
Unpaid principal balance of loans measured at fair value: Other
revolving credit plans (Columns A and B).
Unpaid principal balance of loans measured at fair value: Automobile loans (Columns A and B).
Unpaid principal balance of loans measured at fair value: Other
consumer loans (Columns A and B).
Note: Items M4.c.(1), M4.c.(2), M4.c.(3) and M4.c.(4), Column A,
of Schedule RC–Q will be combined into one data item for the
consolidated bank (new item M4.c, Column A).
Unpaid principal balance of loans measured at fair value: Other
loans (Column B).
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 in the form of: Credit-enhancing interest-only strips (Columns A through G).
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 in the form of: Subordinated securities
and other residual interests (Columns A through G).
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 in the form of: Standby letters of credit and other enhancements (Columns A through G).
Note: Items 2.a, 2.b, and 2.c, Columns A through G, of Schedule RC–S will be combined into one data item (new item 2) for
Columns A through G.
Amount of ownership (or seller’s) interests carried as: Securities
(Columns B, C and F).
Amount of ownership (or seller’s) interests carried as: Loans
(Columns B, C and F).
Note: Items 6.a and 6.b, Columns B, C, and F, of Schedule RC–
S will be combined into one data item (new item 6).
Past due loan amounts included in interests reported in item 6.a:
30–89 days past due (Columns B, C, and F).
Past due loan amounts included in interests reported in item 6.a:
90 days or more past due (Columns B, C, and F).
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E:\FR\FM\11APN1.SGM
11APN1
RCFDK196, RCONK196.
RCFDK208, RCONK208.
RCONF589.
RCFDF609.
RCONF590.
RCONF591.
RCONF595.
RCONF596.
RCONF592.
RCONF593.
RCONF594.
RCONF597.
RCFDF598, RCONF598.
RCFDF599, RCONF599.
RCFDK195, RCONK195.
RCFDK209, RCONK209.
RCONF601.
RCFDB712, RCFDB713,
RCFDB714, RCFDB715,
RCFDB716, RCFDB717,
RCFDB718.
RCFDC393, RCFDC394,
RCFDC395, RCFDC396,
RCFDC397, RCFDC398,
RCFDC399.
RCFDC400, RCFDC401,
RCFDC402, RCFDC403,
RCFDC404, RCFDC405,
RCFDC406.
RCFDB761, RCFDB762,
RCFDB763.
RCFDB500, RCFDB501,
RCFDB502.
RCFDB764, RCFDB765,
RCFDB766.
RCFDB767, RCFDB768,
RCFDB769.
15698
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–S .......................
8.a ..........................
RC–S .......................
8.b ..........................
RC–S .......................
9 .............................
RC–S .......................
10 ...........................
RC–S .......................
11 ...........................
RC–S .......................
12 ...........................
RC–S .......................
M1.a .......................
RC–S .......................
M1.b .......................
RC–V .......................
All data items reported for ‘‘ABCP
Conduits’’ (Column B).
Charge-offs and recoveries on loan amounts included in interests reported in item 6.a: 30–89 days past due (Columns B,
C, and F).
Charge-offs and recoveries on loan amounts included in interests reported in item 6.a: 90 days or more past due (Columns
B, C, and F).
Maximum amount of credit exposure arising from credit enhancements provided by the reporting bank to other institutions’ securitization structures in the form of standby letters of
credit, purchased subordinated securities, and other enhancements (Columns B and C).
Note: Item 9, Columns B and C, of Schedule RC–S will be included in item 9, Column G.
Reporting bank’s unused commitments to provide liquidity to
other institutions’ securitization structures (Columns B and C).
Note: Item 10, Columns B and C, of Schedule RC–S will be included in item 10, Column G.
Assets sold with recourse or other seller-provided credit enhancements and not securitized by the reporting bank (Columns B through F).
Note: Item 11, Columns B through F, of Schedule RC–S will be
included in item 11, Column G.
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to assets
reported in item 11 (Columns B through F).
Note: Item 12, Columns B through F, of Schedule RC–S will be
included in item 12, Column G.
Small business obligations transferred with recourse under Section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994: Outstanding principal balance.
Note: Item M1.a of Schedule RC–S will be included in item 1 or
item 11, Column F, as appropriate.
Small business obligations transferred with recourse under Section 208 of the Riegle Community Development and Regulatory Improvement Act of 1994: Amount of retained recourse
on these obligations as of the report date.
Note: Item M1.b of Schedule RC–S will be included in item 2 or
item 12, Column F, as appropriate.
ABCP Conduits (Column B) ..........................................................
Note: Data items currently reported for ‘‘ABCP Conduits’’ (Column B) will be included in the ‘‘Other VIEs’’ column (Column
C, to be relabeled as Column B) of Schedule RC–V by line
item, as reflected below.
RC–V .......................
1.b ..........................
RC–V .......................
1.c ..........................
RC–V .......................
1.d ..........................
RC–V .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
1.e ..........................
RC–V .......................
1.f ...........................
VerDate Sep<11>2014
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MDRM No.
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Held-to-maturity securities (Columns A and C).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Available-for-sale securities (Columns A and C).
Note: Items 1.b and 1.c, Columns A and C, of Schedule RC–V
will be combined into one data item (new item 1.b) for Columns A and C.
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Securities purchased under agreements to resell (Columns A
and C).
Note: Item 1.d, Columns A and C, of Schedule RC–V will be included in item 1.k, Other assets (renumbered as item 1.b), for
Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Loans and leases held for sale (Column A and C).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Loans and leases held for investment (Column A and C).
PO 00000
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E:\FR\FM\11APN1.SGM
11APN1
RIADB770, RIADB771,
RIADB772.
RIADB773, RIADB774,
RIADB775.
RCFDB777, RCFDB778.
RCFDB784, RCFDB785.
RCFDB791, RCFDB792,
RCFDB793, RCFDB794,
RCFDB795.
RCFDB798, RCFDB799,
RCFDB800, RCFDB801,
RCFDB802.
RCFDA249.
RCFDA250.
RCFDJ982, RCFDJ985,
RCFDJ988, RCFDJ991,
RCFDJ994, RCFDJ997,
RCFDK001, RCFDK004,
RCFDK007, RCFDK010,
RCFDK013, RCFDK016,
RCFDK019, RCFDK022,
RCFDK025, RCFDK028,
RCFDK031, RCFDK034.
RCFDJ984, RCFDJ986.
RCFDJ987, RCFDJ989.
RCFDJ990, RCFDJ992.
RCFDJ993, RCFDJ995.
RCFDJ996, RCFDJ998.
15699
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
Item name
MDRM No.
RC–V .......................
1.g ..........................
RC–V .......................
1.h ..........................
RC–V .......................
1.i ...........................
RC–V .......................
2.a ..........................
RC–V .......................
2.b ..........................
RC–V .......................
2.c ..........................
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Less: Allowance for loan and lease losses (Columns A and C).
Note: Items 1.e, 1.f, and 1.g, Columns A and C, of Schedule
RC–V will be combined into one data item (new item 1.c) for
Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Trading assets (other than derivatives) (Columns A and C).
Note: Item 1.h, Columns A and C, of Schedule RC–V will be included in item 1.k (renumbered as item 1.e), Other assets, for
Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Derivative trading assets (Columns A and C).
Note: Item 1.i, Columns A and C, of Schedule RC–V will be included in item 1.k, Other assets (renumbered as item 1.e), for
Columns A and C (the latter to be relabeled as Column B).
Liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting bank: Securities
sold under agreements to repurchase (Columns A and C).
Note: Item 2.a, Columns A and C, of Schedule RC–V will be included in item 2.e, Other liabilities (renumbered as item 2.b),
for Columns A and C (the latter to be relabeled as Column B).
Liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting bank: Derivative
trading liabilities (Columns A and C).
Note: Item 2.b, Columns A and C, of Schedule RC–V will be included in item 2.e, Other liabilities (renumbered as item 2.b),
for Columns A and C (the latter to be relabeled as Column B).
Liabilities of consolidated VIEs for which creditors do not have
recourse to the general credit of the reporting bank: Commercial paper (Columns A and C).
Note: Item 2.c, Columns A and C, of Schedule RC–V will be included in item 2.d, Other borrowed money (renumbered as
item 2.a), for Columns A and C (the latter to be relabeled as
Column B).
RCFDJ999, RCFDK002.
RCFDK003, RCFDK005.
RCFDK006, RCFDK008.
RCFDK015, RCFDK017.
RCFDK018, RCFDK020.
RCFDK021, RCFDK023.
Other Impacts to Data Items
Item
Item name
RC–A .......................
2 (New) ..................
RC–A .......................
3 (New) ..................
RC–F .......................
3 (New) ..................
RC–H ......................
22 (New) ................
RC–P .......................
1 (New) ..................
RC–P .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
2 (New) ..................
RC–P .......................
3 (New) ..................
RC–P .......................
4 (New) ..................
Balances due from depository institutions in the U.S. (Column A)
Note: Items 2.a. and 2.b (Column A), of Schedule RC–A will be
combined into this data item.
Balances due from banks in foreign countries and foreign central
banks (Column A).
Note: Items 3.a. and 3.b (Column A), of Schedule RC–A will be
combined into this data item.
Interest-only strips receivable (not in the form of a security) .......
Note: Items 3.a and 3.b of Schedule RC–F will be combined into
this data item.
Total amount of fair value option loans held for investment and
held for sale.
Note: The proposed threshold change applicable to Schedule
RC–Q applies to this item.
Retail originations during the quarter of 1–4 family residential
mortgage loans for sale.
Note: Items 1.a, 1.b, and 1.c.(1) of Schedule RC–P will be combined into this data item.
Wholesale originations and purchases during the quarter of 1–4
family residential mortgage loan for sale.
Note: Items 2.a, 2.b, and 2.c.(1) of Schedule RC–P will be combined into this data item.
1–4 family residential mortgage loans sold during the quarter .....
Note: Items 3.a, 3.b, and 3.c.(1) of Schedule RC–P will be combined into this data item.
1–4 family residential mortgage loans held for sale or trading at
quarter-end.
Note: Items 4.a, 4.b, and 4.c.(1) of Schedule RC–P will be combined into this data item.
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RCFD0082.
RCFD0070.
To be determined (TBD).
TBD.
TBD.
TBD.
TBD.
TBD.
15700
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Item
Item name
RC–P .......................
5 (New) ..................
RC–P .......................
6 (New) ..................
RC–Q ......................
M3.a.(1) (New) .......
RC–Q ......................
M3.a.(2) (New) .......
RC–Q ......................
M3.c (New) ............
RC–Q ......................
M4.a.(1) (New) .......
RC–Q ......................
M4.a.(2) (New) .......
RC–Q ......................
M4.c (New) ............
RC–S .......................
2 (New) ..................
RC–S .......................
6 (New) ..................
RC–V .......................
1.b (New) ...............
RC–V .......................
1.c (New) ...............
RC–V .......................
5 (New) ..................
RC–V .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
6 (New) ..................
Noninterest income for the quarter from the sale, securitization,
and servicing of 1–4 family residential mortgage loans.
Note: Items 5.a and 5.b of Schedule RC–P will be combined into
this data item.
Repurchases and indemnifications of 1–4 family residential mortgage loans during the quarter.
Note: Items 6.a, 6.b, and 6.c.(1) of Schedule RC–P will be combined into this data item.
Loans measured at fair value: Secured by 1–4 family residential
properties (Column A).
Note: Items M3.a.(3)(a), M3.a.(3)(b)(1), and M3.a.(3)(b)(2), Column B, of Schedule RC–Q will be combined into this data
item for the consolidated bank.
Loans measured at fair value: All other loans secured by real
estate (Column A).
Note: Items M3.a.(1), M3.a.(2), M3.a.(4), and M3.a.(5), Column
B, of Schedule RC–Q will be combined into this data item for
the consolidated bank.
Loans measured at fair value: Loans to individuals for household, family, and other personal expenditures (Column A).
Note: Items M3.c.(1), M3.c.(2), M3.c.(3), and M3.c.(4), Column
A, of Schedule RC–Q will be combined into this data item.
Unpaid principal balance of loans measured at fair value: Secured by 1–4 family residential properties (Column A).
Note: Items M4.a.(3)(a), M4.a.(3)(b)(1), and M4.a.(3)(b)(2), Column B, of Schedule RC–Q will be combined into this data
item for the consolidated bank.
Unpaid principal balance of loans measured at fair value: All
other loans secured by real estate (Column A).
Note: Items M4.a.(1), M4.a.(2), M4.a.(4), and M4.a.(5), Column
B, of Schedule RC–Q will be combined into this data item for
the consolidated bank.
Unpaid principal balance of loans measured at fair value: Loans
to individuals for household, family, and other personal expenditures (Column A).
Note: Items M4.c.(1), M4.c.(2), M4.c.(3), and M4.c.(4), Column
A, of Schedule RC–Q will be combined into this data item.
Maximum amount of credit exposure arising from recourse or
other seller-provided credit enhancements provided to structures reported in item 1 (Columns A through G).
Note: Items 2.a, 2.b, and 2.c, Columns A through G, of Schedule RC–S will be combined into this data item.
Total amount of ownership (or seller’s) interest carried as securities or loans (Columns B, C, and F).
Note: Items 6.a and 6.b, Columns B, C, and F, of Schedule RC–
S will be combined into this data item.
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Securities (Columns A and C).
Note: Items 1.b and 1.c, Columns A and C, of Schedule RC–V
removed above will be combined into this data item for Columns A and C (the latter to be relabeled as Column B).
Assets of consolidated variable interest entities (VIEs) that can
be used only to settle obligations of the consolidated VIEs:
Loans and leases held for investment, net of allowance, and
held for sale (Columns A and C).
Note: Items 1.e, 1.f, and 1.g, Columns A and C, of Schedule
RC–V removed above will be combined into this data item for
Columns A and C (the latter to be relabeled as Column B).
Total assets of asset-backed commercial paper (ABCP) conduit
VIEs.
Total liabilities of ABCP conduit VIEs ...........................................
Data Items With a New or Increased
Reporting Threshold
Schedule RC–P is to be completed by
institutions where any of the following
residential mortgage banking activities (in
domestic offices) exceeds $10 million for two
consecutive quarters:
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MDRM No.
• 1–4 family residential mortgage loan
originations and purchases for resale from all
sources during a calendar quarter; or
• 1–4 family residential mortgage loan
sales during a calendar quarter; or
• 1–4 family residential mortgage loans
held for sale or trading at calendar quarterend.
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TBD.
TBD.
TBD.
TBD.
TBD.
TBD.
TBD.
TBD.
TBD (7 MDRM Numbers).
TBD (3 MDRM Numbers).
TBD (2 MDRM Numbers).
TBD (2 MDRM Numbers).
TBD.
TBD.
Schedule RC–Q is to be completed by
banks that: (1) Have elected to report
financial instruments or servicing assets and
liabilities at fair value under a fair value
option with changes in fair value recognized
in earnings, or (2) are required to complete
Schedule RC–D, Trading Assets and
Liabilities.
E:\FR\FM\11APN1.SGM
11APN1
15701
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule RC–T: Increase the threshold for
the exemption from reporting Schedule RC–
T, data items 14 through 26, from institutions
with fiduciary assets of $100 million or less
to institutions with fiduciary assets of $250
million or less (that do not meet the fiduciary
income test for quarterly reporting).
Schedule
Item
Item name
RC–T .......................
RC–T .......................
14 ...........................
15.a ........................
RC–T .......................
15.b ........................
RC–T .......................
15.c ........................
RC–T .......................
RC–T .......................
16 ...........................
17 ...........................
RC–T .......................
18 ...........................
RC–T
RC–T
RC–T
RC–T
RC–T
RC–T
RC–T
19
20
21
22
23
24
25
Income from personal trust and agency accounts ........................
Income from employee benefit and retirement-related trust and
agency accounts: Employee benefit—defined contribution.
Income from employee benefit and retirement-related trust and
agency accounts: Employee benefit—defined benefit.
Income from employee benefit and retirement-related trust and
agency accounts: Other employee benefit and retirement-related accounts.
Income from corporate trust and agency accounts ......................
Income from investment management and investment advisory
agency accounts.
Income from foundation and endowment trust and agency accounts.
Income from other fiduciary accounts ...........................................
Income from custody and safekeeping accounts ..........................
Other fiduciary and related services income .................................
Total gross fiduciary and related services income ........................
Less: Expenses .............................................................................
Less: Net losses from fiduciary and related services ...................
Plus: Intracompany income credits for fiduciary and related services.
Net fiduciary and related services income ....................................
.......................
.......................
.......................
.......................
.......................
.......................
.......................
RC–T .......................
...........................
...........................
...........................
...........................
...........................
...........................
...........................
26 ...........................
To be completed by banks with collective
investment funds and common trust funds
Schedule
M3.a .......................
RC–T .......................
M3.b .......................
RC–T .......................
M3.c .......................
RC–T .......................
M3.d .......................
RC–T .......................
M3.e .......................
RC–T .......................
M3.f ........................
RC–T .......................
M3.g .......................
RIADB904.
RIADB905.
RIADB906.
RIADB907.
RIADA479.
RIADJ315.
RIADJ316.
RIADA480.
RIADB909.
RIADB910.
RIAD4070.
RIADC058.
RIADA488.
RIADB911.
RIADA491.
with a total market value of $1 billion or
more as of the preceding December 31.
Item
RC–T .......................
MDRM No.
Item name
MDRM No.
Collective investment funds and common trust funds:
equity (Columns A and B).
Collective investment funds and common trust funds:
national/Global equity (Columns A and B).
Collective investment funds and common trust funds:
Bond blend (Columns A and B).
Collective investment funds and common trust funds:
bond (Columns A and B).
Collective investment funds and common trust funds:
bond (Columns A and B).
Collective investment funds and common trust funds:
investments/Money market (Columns A and B).
Collective investment funds and common trust funds:
Other (Columns A and B).
Domestic
RCFDB931, RCFDB932.
Inter-
RCFDB933, RCFDB934.
Stock/
RCFDB935, RCFDB936.
Taxable
RCFDB937, RCFDB938.
Municipal
RCFDB939, RCFDB940.
Short-term
RCFDB941, RCFDB942.
Specialty/
RCFDB943, RCFDB944.
To be completed by banks with $10 billion
or more in total assets.
Item
Item name
RC–S .......................
6 (New) ..................
RC–S .......................
10 ...........................
RC–S .......................
amozie on DSK30RV082PROD with NOTICES
Schedule
M3.a.(1) .................
RC–S .......................
M3.a.(2) .................
Total amount of ownership (or seller’s) interest carried as securities or loans (Columns B, C, and F).
Reporting bank’s unused commitments to provide liquidity to
other institutions’ securitization structures (Columns A and D
through G).
Asset-backed commercial paper conduits: Maximum amount of
credit exposure arising from credit enhancements provided to
conduit structures in the form of standby letters of credit, subordinated securities, and other enhancements: Conduits sponsored by the bank, a bank affiliate, or the bank’s holding company.
Asset-backed commercial paper conduits: Maximum amount of
credit exposure arising from credit enhancements provided to
conduit structures in the form of standby letters of credit, subordinated securities, and other enhancements: Conduits sponsored by other unrelated institutions.
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E:\FR\FM\11APN1.SGM
11APN1
TBD (3 MDRM Numbers).
RCFDB783, RCFDB786,
RCFDB787, RCFDB788,
RCFDB789.
RCFDB806.
RCFDB807.
15702
Federal Register / Vol. 83, No. 70 / Wednesday, April 11, 2018 / Notices
Schedule
Item
Item name
MDRM No.
RC–S .......................
M3.b.(1) .................
RC–S .......................
M3.b.(2) .................
RC–S .......................
M4 ..........................
Asset-backed commercial paper conduits: Unused commitments
to provide liquidity to conduit structures: Conduits sponsored
by the bank, a bank affiliate, or the bank’s holding company.
Asset-backed commercial paper conduits: Unused commitments
to provide liquidity to conduit structures: Conduits sponsored
by other unrelated institutions.
Outstanding credit card fees and finance charges included in
Schedule RC–S, item 1, column C.
RCFDB808.
RCFDB809.
RCFDC407.
To be completed by banks with $100
billion or more in total assets.
Schedule
Item
Item name
RC–S .......................
3 .............................
Reporting bank’s unused commitments to provide liquidity to
structures reported in item 1 (Columns A through G).
Dated: April 5, 2018.
Karen Solomon,
Acting Senior Deputy Comptroller and Chief
Counsel, Office of the Comptroller of the
Currency.
Board of Governors of the Federal Reserve
System, April 2, 2018.
Ann Misback,
Secretary of the Board.
Dated at Washington, DC, on April 2, 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018–07443 Filed 4–10–18; 8:45 am]
BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P
MDRM No.
Assistant Director for Licensing, tel.:
202–622–2480; Assistant Director for
Regulatory Affairs, tel.: 202–622–4855;
or the Department of the Treasury’s
Office of the General Counsel: Office of
the Chief Counsel (Foreign Assets
Control), tel.: 202–622–2410.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The Specially Designated Nationals
and Blocked Persons List and additional
information concerning OFAC sanctions
programs are available on OFAC’s
website (http://www.treasury.gov/ofac).
Notice of OFAC Actions
DEPARTMENT OF THE TREASURY
On April 6, 2018, OFAC determined
that the property and interests in
property subject to U.S. jurisdiction of
the following persons are blocked under
the relevant sanctions authority listed
below.
Office of Foreign Assets Control
Notice of OFAC Sanctions Actions
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
of one or more persons that have been
placed on OFAC’s Specially Designated
Nationals and Blocked Persons List
based on OFAC’s determination that one
or more applicable legal criteria were
satisfied. All property and interests in
property subject to U.S. jurisdiction of
these persons are blocked, and U.S.
persons are generally prohibited from
engaging in transactions with them.
DATES: See SUPPLEMENTARY INFORMATION
section.
FOR FURTHER INFORMATION CONTACT:
OFAC: Associate Director for Global
Targeting, tel.: 202–622–2420; Assistant
Director for Sanctions Compliance &
Evaluation, tel.: 202–622–2490;
SUMMARY:
amozie on DSK30RV082PROD with NOTICES
Individuals
VerDate Sep<11>2014
18:41 Apr 10, 2018
Jkt 244001
1. PEREZ ALVEAR, Jesus (a.k.a. ‘‘Chucho
Perez’’), Guerrero, Mexico; DOB 12 Nov 1984;
POB Distrito Federal, Mexico; nationality
Mexico; Gender Male; R.F.C. PEAJ–841112–
UD1 (Mexico); C.U.R.P.
PEAJ841112HDFRLS06 (Mexico) (individual)
[SDNTK] (Linked To: CARTEL DE JALISCO
NUEVA GENERACION; Linked To: LOS
CUINIS; Linked To: GALLISTICA
DIAMANTE). Designated pursuant to section
805(b)(2) of the Foreign Narcotics Kingpin
Designation Act (‘‘Kingpin Act’’), 21 U.S.C.
1904(b)(2), for materially assisting in, or
providing financial support for or to, or
providing goods or services in support of, the
international narcotics trafficking activities of
the CARTEL DE JALISCO NUEVA
GENERACION and LOS CUINIS; designated
pursuant to section 805(b)(3) of the Kingpin
Act, 21 U.S.C. 1904(b)(3), for being directed
by, or acting for or on behalf of, the CARTEL
DE JALISCO NUEVA GENERACION and LOS
CUINIS.
PO 00000
Frm 00153
Fmt 4703
Sfmt 4703
RCFDB726,
RCFDB728,
RCFDB730,
RCFDB732.
RCFDB727,
RCFDB729,
RCFDB731,
2. LEONE MARTINEZ, Miguel Jose (a.k.a.
LEONE, Miguel), Severo Diaz 38, Col. Ladron
de Guevara, Guadalajara, Jalisco 44600,
Mexico; DOB 16 May 1980; citizen Italy; alt.
citizen Venezuela; website
www.miguelleone.com; Gender Male;
Passport YA1867648 (Italy) (individual)
[SDNTK] (Linked To: LOS CUINIS).
Designated pursuant to section 805(b)(3) of
the Kingpin Act, 21 U.S.C. 1904(b)(3), for
being directed by, or acting for or on behalf
of, LOS CUINIS and Abigael GONZALEZ
VALENCIA.
Entity
1. GALLISTICA DIAMANTE (a.k.a.
GALLISTICA DIAMANTE S.A. DE C.V.; a.k.a.
TICKET PREMIER), Aguascalientes,
Aguascalientes, Mexico; Quinta Los Pirules
Num. Ext. 182, Quinta Los Naranjos, Leon,
Guanajuato 37210, Mexico; website
www.ticketpremier.mx [SDNTK]. Designated
pursuant to section 805(b)(3) of the Kingpin
Act, 21 U.S.C. 1904(b)(3), for being owned,
controlled, or directed by, or acting for or on
behalf of, Jesus PEREZ ALVEAR.
Dated: April 6, 2018.
Andrea M. Gacki,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2018–07447 Filed 4–10–18; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF VETERANS
AFFAIRS
Privacy Act of 1974; Matching Program
AGENCY:
Department of Veterans Affairs
(VA).
Notice of a modified matching
program.
ACTION:
This re-established computer
matching agreement (CMA) sets forth
the terms, conditions, and safeguards
under which the Internal Revenue
Service (IRS) will disclose return
SUMMARY:
E:\FR\FM\11APN1.SGM
11APN1

Agencies

[Federal Register Volume 83, Number 70 (Wednesday, April 11, 2018)]
[Notices]
[Pages 15678-15702]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-07443]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Submission for OMB
Review; Joint Comment Request
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury;
Board of Governors of the Federal Reserve System (Board); and Federal
Deposit Insurance Corporation (FDIC).
ACTION: Joint notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may
not conduct or sponsor, and the respondent is not required to respond
to, an information collection unless it displays a currently valid
Office of Management and Budget (OMB) control number. On November 8,
2017, the agencies, under the auspices of the Federal Financial
Institutions Examination Council (FFIEC), requested public comment for
60 days on a proposal to revise the Consolidated Reports of Condition
and Income for a Bank with Domestic and Foreign Offices (FFIEC 031),
the Consolidated Reports of Condition and Income for a Bank with
Domestic Offices Only (FFIEC 041), and the Consolidated Reports of
Condition and Income for a Bank with Domestic Offices Only and Total
Assets Less than $1 Billion (FFIEC 051) (November 2017 notice), which
are currently approved collections of information. The Consolidated
Reports of Condition and Income are commonly referred to as Call
Reports. The proposed revisions to the FFIEC 031, FFIEC 041, and FFIEC
051 Call Reports would result in an overall reduction in burden. These
reporting revisions consist of the deletion or consolidation of a large
number of items and the addition of a new or increases in certain
existing reporting thresholds.
The comment period for the November 2017 notice ended on January 8,
2018. As described in the SUPPLEMENTARY INFORMATION section, after
considering the comments received on the proposal, the FFIEC and the
agencies will proceed with the proposed reporting revisions to the
FFIEC 031, FFIEC 041, and FFIEC 051 as originally proposed. The
proposed revisions would take effect as of the June 30, 2018, report
date.
In addition, the agencies are giving notice that they are sending
the collection to OMB for review.
DATES: Comments must be submitted on or before May 11, 2018.
ADDRESSES: Interested parties are invited to submit written comments to
any or all of the agencies. All comments, which should refer to the OMB
control number(s), will be shared among the agencies.
OCC: Commenters are encouraged to submit comments by email, but you
may submit comments by any of the following methods:
Email: [email protected].
Mail: Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency, Attention: 1557-0081, 400
7th Street SW, Suite 3E-218, Washington, DC 20219.
Hand Delivery/Courier: 400 7th Street SW, Suite 3E-218,
Washington, DC 20219.
Instructions: You must include ``OCC'' as the agency name and
``1557-0081'' in your comment. In general, the OCC will publish them on
www.reginfo.gov without change, including any business or personal
information that you provide, such as name and address information,
email addresses, or phone numbers. Comments received, including
attachments and other supporting materials, are part of the public
record and subject to public disclosure. Do not include any information
in your comment or supporting materials that you consider confidential
or inappropriate for public disclosure.
You may review comments and other related materials that pertain to
this information collection following the close of the 30-day comment
period for this notice by any of the following methods:
Viewing Comments Electronically: Go to www.reginfo.gov.
Click on the ``Information Collection Review'' tab. Underneath, the
``Currently under Review'' section heading, from the drop-down menu,
select ``Department of Treasury'' and then click ``submit.'' This
information collection can be located by searching by OMB control
number ``1557-0081'' or ``FFIEC 031, FFIEC 041, and FFIEC 051.'' Upon
finding the appropriate information collection, click on the related
``ICR Reference Number.'' On the next screen, select ``View Supporting
Statement and Other Documents'' and then click on the link to any
comment listed at the bottom of the screen.
For assistance in navigating www.reginfo.gov, please
contact the Regulatory Information Service Center at (202) 482-7340.
Viewing Comments Personally: You may personally inspect
and photocopy comments at the OCC, 400 7th Street SW, Washington, DC.
For security reasons, the OCC requires that visitors make an
appointment to inspect comments. You may do so by calling (202) 649-
6700 or, for persons who are deaf or hearing impaired, TTY, (202) 649-
5597. Upon arrival, visitors will be required to present valid
government-issued photo identification and submit to security screening
in order to inspect and photocopy comments.
Board: You may submit comments, which should refer to ``FFIEC 031,
FFIEC 041, and FFIEC 051,'' by any of the following methods:
Agency website: http://www.federalreserve.gov. Follow the
instructions for submitting comments at: http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Email: [email protected]. Include the
reporting form numbers in the subject line of the message.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available from the Board's website at
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or
[[Page 15679]]
contact information. Public comments may also be viewed electronically
or in paper form in Room 3515, 1801 K Street NW (between 18th and 19th
Streets NW), Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on
weekdays.
FDIC: You may submit comments, which should refer to ``FFIEC 031,
FFIEC 041, and FFIEC 051,'' by any of the following methods:
Agency website: https://www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC's
website.
Email: [email protected]. Include ``FFIEC 031, FFIEC 041,
and FFIEC 051'' in the subject line of the message.
Mail: Manuel E. Cabeza, Counsel, Attn: Comments, Room MB-
3007, Federal Deposit Insurance Corporation, 550 17th Street NW,
Washington, DC 20429.
Hand Delivery: Comments may be hand delivered to the guard
station at the rear of the 550 17th Street Building (located on F
Street) on business days between 7:00 a.m. and 5:00 p.m.
Public Inspection: All comments received will be posted without
change to https://www.fdic.gov/regulations/laws/federal/ including any
personal information provided. Paper copies of public comments may be
requested from the FDIC Public Information Center by telephone at (877)
275-3342 or (703) 562-2200.
Additionally, commenters may send a copy of their comments to the
OMB desk officer for the agencies by mail to the Office of Information
and Regulatory Affairs, U.S. Office of Management and Budget, New
Executive Office Building, Room 10235, 725 17th Street NW, Washington,
DC 20503; by fax to (202) 395-6974; or by email to
[email protected].
FOR FURTHER INFORMATION CONTACT: For further information about the
proposed revisions to the Call Report discussed in this notice, please
contact any of the agency staff whose names appear below. In addition,
copies of the Call Report forms can be obtained at the FFIEC's website
(https://www.ffiec.gov/ffiec_report_forms.htm).
OCC: Kevin Korzeniewski, Counsel, Legislative and Regulatory
Activities Division, (202) 649-5490, or for persons who are hearing
impaired, TTY, (202) 649-5597.
Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer,
(202) 452-3884, Office of the Chief Data Officer, Board of Governors of
the Federal Reserve System, 20th and C Streets NW, Washington, DC
20551. Telecommunications Device for the Deaf (TDD) users may call
(202) 263-4869.
FDIC: Manuel E. Cabeza, Counsel, (202) 898-3767, Legal Division,
Federal Deposit Insurance Corporation, 550 17th Street NW, Washington,
DC 20429.
SUPPLEMENTARY INFORMATION: The agencies propose revisions to data items
reported on the FFIEC 031, FFIEC 041, and FFIEC 051 Call Reports.
Report Title: Consolidated Reports of Condition and Income (Call
Report).
Form Numbers: FFIEC 031 (for banks and savings associations with
domestic and foreign offices), FFIEC 041 (for banks and savings
associations with domestic offices only), and FFIEC 051 (for banks and
savings associations with domestic offices only and total assets less
than $1 billion).
Frequency of Response: Quarterly.
Affected Public: Business or other for-profit.
OCC
OMB Control No.: 1557-0081.
Estimated Number of Respondents: 1,269 national banks and federal
savings associations.
Estimated Average Burden per Response: 45.83 burden hours per
quarter to file.
Estimated Total Annual Burden: 232,633 burden hours to file.
Board
OMB Control No.: 7100-0036.
Estimated Number of Respondents: 819 state member banks.
Estimated Average Burden per Response: 49.93 burden hours per
quarter to file.
Estimated Total Annual Burden: 163,571 burden hours to file.
FDIC
OMB Control No.: 3064-0052.
Estimated Number of Respondents: 3,633 insured state nonmember
banks and state savings associations.
Estimated Average Burden per Response: 43.83 burden hours per
quarter to file.
Estimated Total Annual Burden: 636,938 burden hours to file.
The proposed burden-reducing revisions to the Call Reports are the
result of an ongoing effort by the agencies to reduce the burden
associated with their preparation and filing and, as detailed in
Appendices B, C, and D, would achieve burden reductions by removing or
consolidating numerous items, and by adding a new or raising certain
existing reporting thresholds.
The estimated average burden hours for each agency collectively
reflect the estimates for the FFIEC 031, the FFIEC 041, and the FFIEC
051 reports. When the estimates are calculated by type of report across
the agencies, the estimated average burden hours per quarter are 122.38
(FFIEC 031), 55.35 (FFIEC 041), and 37.94 (FFIEC 051). The burden hours
for the currently approved reports are 123.06 (FFIEC 031), 57.71 (FFIEC
041), and 39.38 (FFIEC 051),\1\ so the revisions in this notice would
represent a reduction in estimated average burden hours per quarter by
0.68 (FFIEC 031), 2.36 (FFIEC 041), and 1.44 (FFIEC 051). The estimated
burden per response for the quarterly filings of the Call Report is an
average that varies by agency because of differences in the composition
of the institutions under each agency's supervision (e.g., size
distribution of institutions, types of activities in which they are
engaged, and existence of foreign offices).
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\1\ See 83 FR 939 (January 8, 2018).
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Type of Review: Revision and extension of currently approved
collections.
General Description of Reports
These information collections are mandatory pursuant to 12 U.S.C.
161 (for national banks), 12 U.S.C. 324 (for state member banks), 12
U.S.C. 1817 (for insured state nonmember commercial and savings banks),
and 12 U.S.C. 1464 (for federal and state savings associations). At
present, except for selected data items and text, these information
collections are not given confidential treatment.
Abstract
Institutions submit Call Report data to the agencies each quarter
for the agencies' use in monitoring the condition, performance, and
risk profile of individual institutions and the industry as a whole.
Call Report data serve a regulatory or public policy purpose by
assisting the agencies in fulfilling their shared missions of ensuring
the safety and soundness of financial institutions and the financial
system and the protection of consumer financial rights, as well as
agency-specific missions affecting federal and state-chartered
institutions, such as conducting monetary policy, ensuring financial
stability, and administering federal deposit insurance. Call Reports
are the source of the most current statistical data available for
identifying areas of focus for on-site and off-site examinations. Among
other uses, the agencies use Call Report data in evaluating
institutions' corporate applications, including, in particular,
interstate merger and acquisition applications for which the agencies
are required by law to determine whether the resulting institution
would control
[[Page 15680]]
more than 10 percent of the total amount of deposits of insured
depository institutions in the United States. Call Report data also are
used to calculate institutions' deposit insurance and Financing
Corporation assessments and national banks' and federal savings
associations' semiannual assessment fees.
Current Actions
I. Introduction
On November 8, 2017, the agencies requested comment for 60 days on
a proposal to revise the existing Call Report requirements.\2\ The
proposed revisions in the November 2017 notice, as well as the creation
of the FFIEC 051 and other recent revisions to the FFIEC 031 and FFIEC
041, are the result of a formal initiative launched by the FFIEC in
December 2014 to identify potential opportunities to reduce burden
associated with Call Report requirements for community institutions.
The most significant actions under this initiative are community
institution outreach efforts, internal surveys of users of Call Report
data at FFIEC member entities, and the implementation of a streamlined
Call Report for small institutions. A summary of the FFIEC member
entities' uses of the data items retained in the Call Report schedules
subject to the reporting revisions in this proposal is included in
Appendix A, which is repeated from the November 2017 notice. Additional
information about the initiative can be found in the November 2017
notice and five earlier notices related to actions taken under this
initiative.\3\
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\2\ See 82 FR 51908 (November 8, 2017).
\3\ See 80 FR 56539 (September 18, 2015), 81 FR 45357 (July 13,
2016), 81 FR 54190 (August 15, 2016), 82 FR 2444 (January 9, 2017),
and 82 FR 29147 (June 27, 2017).
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The comment period for the November 2017 notice ended on January 8,
2018. General comments on the notice are summarized in Section II. In
Section III, the agencies provide more details on the comments
received. Section IV discusses the timing for implementing the proposed
revisions to the Call Report.
II. General Comments on the Proposed Call Report Revisions
The agencies collectively received comments on the proposal from
five entities, including banking organizations and a trade association.
General comments and recommendations on the proposal and the overall
burden-reduction initiative are included in this section. Comments with
specific recommendations to revise the Call Reports are addressed in
Section III.
A. General Comments on the Proposal and the Overall Burden-Reduction
Initiative
Commenters expressed varying opinions on the November 2017 notice
and the agencies' Call Report burden-reduction initiatives to date. Two
commenters supported the effort put forth by the agencies. One
commenter ``strongly support[s] the FFIEC's ongoing work to reform the
Call Report, an ongoing project that is yielding important value for
supervision as well as for successful bank management.'' The other
commenter ``commends'' the agencies' initiative and encourages
continued efforts to ease the burden on small community banks.
On the other hand, one commenter asserted that the proposed
revisions to the Call Reports would not have any impact on the banking
organization's reporting.
The agencies recognize that not all institutions would see an
immediate and large reduction in burden from the proposed revisions in
the November 2017 notice. However, consolidating existing data items
into fewer data items and adding or increasing reporting thresholds
would generally result in institutions spending less time completing
the Call Report since there would be fewer items to review prior to
each quarterly submission. Also, an institution would have fewer
instructions to review to determine whether it has reportable (nonzero)
amounts. To the extent that an institution currently tracks granular
data items for internal reporting purposes that are proposed to be
consolidated in the Call Report, there may be limited burden relief
from consolidating the items. However, institutions that currently
track data at an aggregate level for internal reporting purposes and
then must allocate that amount to the existing subcategories in the
Call Report every quarter would see additional burden relief.
Accordingly, the agencies believe the changes proposed in the November
2017 notice offer meaningful Call Report burden relief to many
institutions.
B. General Recommendations From Commenters
One commenter offered a number of recommendations to improve the
revision and preparation of the Call Report. Regarding the revision
process, the commenter recommended that the agencies conduct an
internal user survey covering every item in the Call Report at least
once every two years, conduct a review for potentially obsolete items
at least annually, and continue to improve the clarity and usability of
Call Report instructions. The agencies currently conduct the user
survey as the foundation for a review of all Call Report data items
they are required to conduct every five years.\4\ The full survey is an
involved process requiring significant agency resources from all lines
of business. For the statutorily mandated review of the Call Report
completed in 2017, the full survey spanned a 19-month period.
Accordingly, the agencies must balance the use of their resources for
this effort compared with other efforts to improve supervision and
reduce burden for institutions.
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\4\ See Section 604 of the Financial Services Regulatory Relief
Act of 2006.
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With respect to the clarity and usability of the Call Report
instructions, the agencies agree with the commenter that making the
instructions clearer and providing examples of how to calculate amounts
that may be more complex to report contribute to burden relief. The
agencies welcome suggestions from bankers, industry associations, and
others for specific improvements to and clarifications of the existing
instructions, including where examples would be helpful. Input from
these stakeholders and from agency examination staff has led to
instructional improvements in the past and the agencies will continue
to address specific suggestions for instructional improvements. The
commenter also cited the benefits of hyperlinks to the rule or guidance
on which particular instructions are based. The agencies have added
hyperlinks to certain cited documents in the two sets of Call Report
instructions.\5\ Going forward, the agencies will endeavor to use
clearer language and expect to continue inserting hyperlinks when
issuing new or updated Call Report instructions.
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\5\ One set of Call Report instructions applies to the FFIEC 031
and FFIEC 041 reports and another set of instructions applies to the
FFIEC 051 report.
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The commenter also recommended that the agencies only propose
revisions to the Call Report once a year, make those changes effective
starting in the quarter ending March 31, and finalize those changes by
the prior September 30 to allow banks sufficient lead time to implement
the revisions. Prior to the recent revisions to streamline the Call
Report, the agencies typically followed a schedule of making revisions
only once per year, with the changes generally becoming effective for
the
[[Page 15681]]
March 31 report. The agencies plan to return to an annual schedule for
future revisions that would be effective starting with the March 31
report, unless the revisions must be implemented at a different time
due to changes in statute, regulation, or accounting standards.
The same commenter recommended that the FFIEC establish an industry
advisory committee to develop advice and guidance on the Call Report,
establish a regular process to address technical questions and changes
to the Call Report, and provide training related to preparing the Call
Report. The agencies plan to continue to offer outreach in connection
with significant revisions to the Call Report, as they did with the
adoption of the revised Schedule RC-R, Regulatory Capital, and the
implementation of the FFIEC 051. The agencies also receive and respond
to a number of reporting questions from individual institutions each
quarter. Issues that could affect multiple institutions are often
addressed through the Call Report Supplemental Instructions published
quarterly or updates to the Call Report instruction books published as
needed. Consistent with the PRA, the agencies also offer an opportunity
for members of the banking industry to comment on proposed changes to
the Call Report or to make any additional suggestions for improving,
streamlining, or clarifying instructions to the Call Report.
The commenter also recommended that the agencies align the proposed
revisions to the Call Report with revisions to the Board's FR Y-9C
report for holding companies \6\ and conduct a holistic review of other
regulatory reports under the agencies' authority that rely on data
collected in the Call Report. The commenter stated that having
differences in reporting between the Call Report and FR Y-9C can create
burden for reporting firms. The agencies agree that aligning proposed
revisions to the Call Report with proposed revisions to comparable data
items collected in the FR Y-9C report would reduce burden for reporting
holding companies.\7\ The Board has approved burden-reducing revisions
to the FR Y-9C that align with corresponding burden-reducing revisions
that were effective with the March 31, 2017, Call Report.\8\ These FR
Y-9C revisions will become effective as of the March 31, 2018,
reporting date. The Board also has proposed revisions to the FR Y-9C
\9\ that align with the corresponding revisions to the Call Report that
the banking agencies proposed in June 2017.\10\ These revisions are
proposed to become effective as of the March 31, 2018, and June 30,
2018, reporting dates for both the FR Y-9C and Call Report. Further,
the Board will take this comment into consideration when it develops
additional proposed revisions to the FR Y-9C report consistent with
other comparable revisions proposed for the Call Report. In addition to
the FR Y-9C, the agencies will consider reviewing how data from the
Call Report are used in other agency reports to identify possible
efficiencies as part of a holistic review.
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\6\ Consolidated Financial Statements for Holding Companies, OMB
No. 7100-0128.
\7\ Although all insured depository institutions must file Call
Reports, not all such institutions are owned or controlled by a
holding company. Furthermore, the FR Y-9C report is filed only by
top-tier holding companies with total consolidated assets of $1
billion or more and top-tier holding companies meeting certain
criteria, regardless of size.
\8\ See 83 FR 2985 (January 22, 2018).
\9\ See 83 FR 123 (January 2, 2018).
\10\ See 82 FR 29147 (June 27, 2017).
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Furthermore, the agencies will consider reviewing existing
instructions to other regulatory reports to identify opportunities to
enhance uniformity in reporting guidance. In this regard, the agencies
have already proposed revisions to the FFIEC 002 report that would
align with corresponding revisions that have been implemented or
proposed for the Call Report.\11\ Similarly, in the proposed new FFIEC
016 report that would replace the separate, but identical, agency
stress test reports,\12\ the agencies have proposed revisions to
certain data items in this new report that align with corresponding
Call Report revisions that have been implemented or proposed.
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\11\ Report of Assets and Liabilities of U.S. Branches and
Agencies of Foreign Banks (FFIEC 002). See 82 FR 61294 (December 27,
2017).
\12\ Annual Dodd-Frank Act Company-Run Stress Test Report for
Depository Institutions and Holding Companies with $10-$50 Billion
in Total Consolidated Assets (FFIEC 016). See 82 FR 46887 (October
6, 2017) and 83 FR 8149 (February 23, 2018).
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The commenter further recommended that the agencies increase the
asset-size threshold for filing the FFIEC 051 Call Report from the
current $1 billion to at least $10 billion, indexed for inflation.
Raising the threshold to $10 billion or higher at this time could
result in a significant loss of data necessary for supervisory or other
purposes from institutions with assets of $1 billion or more.
Therefore, the agencies are not adopting this recommendation at this
time, but will continue to evaluate the appropriate scope and criteria
for expanding the number of institutions eligible to file the FFIEC
051.
III. Specific Recommendations To Revise the Call Report
One commenter requested the agencies eliminate certain deposit
items in Schedule RC-E by combining items for deposits with balances
less than $100,000 and those with balances of $100,000 through $250,000
into a single item. Separate reporting of time deposits with balances
less than $100,000 in Schedule RC-E, including certain Memorandum items
to adjust that amount, is tied to the Board's measurement of the money
supply.\13\ If the Board were to decide to revise the definition of the
money supply so that the $100,000 items in Schedule RC-E are no longer
necessary for the calculation, then the agencies would reevaluate
whether to consolidate those items on the Call Report.
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\13\ See definition of M2, https://www.federalreserve.gov/faqs/money_12845.htm. Also see 82 FR 2452 (January 9, 2017) for the
agencies' previous response to a similar comment.
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One commenter recommended that the agencies add a new loan item to
Schedule RC-C, Part I, to enable institutions to report non-speculative
1-4 family residential construction loans to consumers separately from
other 1-4 family residential construction loans.\14\ The commenter made
this recommendation because the loan mix index used in the FDIC's
deposit insurance assessment rate determination for small institutions
treats all construction and development loans in the same manner.
According to the commenter, consumer 1-4 family residential
construction loans have lower charge-off rates than other types of
construction and development loans, which penalizes institutions that
hold significant amounts of such consumer construction loans in terms
of their assessment rates. However, the addition to Schedule RC-C, Part
I, of the recommended new construction loan category would not alter
the assessment rate determination. Absent the segregation by the FDIC
of consumer 1-4 family residential construction loans from other
construction loans in the loan mix index in the FDIC's deposit
insurance assessments regulations (12 CFR part 327), the agencies do
not plan to add a new category for reporting such loans in Schedule RC-
C, Part I.
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\14\ All 1-4 family residential construction loans are reported
in Schedule RC-C, Part I, item 1.a.(1). Other construction loans and
all land development and other land loans are reported in Schedule
RC-C, Part I, item 1.a.(2).
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After considering these specific comments, as well as the comments
received on the overall proposal and the burden-reduction initiative
that were discussed in Section II above, the
[[Page 15682]]
agencies will proceed with the proposed burden-reducing changes to Call
Report schedules proposed in the November 2017 notice. The agencies
recognize that not every proposed change will reduce burden for every
institution. However, the agencies believe that the proposed changes
will reduce burden in the Call Reports as a whole, which is also
reflected in a reduction in the estimated burden hours per quarter for
the Call Reports.
IV. Timing
Subject to OMB approval, the effective date for the implementation
of the proposed revisions to the FFIEC 031, FFIEC 041, and FFIEC 051
would be June 30, 2018. When implementing the burden-reducing Call
Report revisions as of the June 30, 2018, report date, institutions may
provide reasonable estimates for any new or revised Call Report data
item initially required to be reported as of that date for which the
requested information is not readily available. The specific wording of
the captions for the new or revised Call Report data items discussed in
this proposal and the numbering of these data items is subject to
change.
V. Request for Comment
Public comment is requested on all aspects of this joint notice.
Comment is specifically invited on:
(a) Whether the proposed revisions to the collections of
information that are the subject of this notice are necessary for the
proper performance of the agencies' functions, including whether the
information has practical utility;
(b) The accuracy of the agencies' estimates of the burden of the
information collections as they are proposed to be revised, including
the validity of the methodology and assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Comments submitted in response to this joint notice will be shared
among the agencies. All comments will become a matter of public record.
Appendix A
Summary of the FFIEC Member Entities' Uses of the Data Items in the
Call Report Schedules in the Portion of the User Surveys Evaluated in
the Development of This Proposal
Schedule RI-A (Changes in Bank Equity Capital)
Schedule RI-A collects detailed information about specified
categories of changes in an institution's equity capital during the
calendar year to date. In general, these categories are aligned with
categories typically reported on a basic statement of changes in
equity in a set of financial statements prepared under U.S.
generally accepted accounting principles (GAAP).
The FFIEC member entities' examiners use the Schedule RI-A
information in their off-site reviews to identify and understand the
sources of any significant changes in an institution's capital
accounts. Information on dividends declared as a percentage of net
income reveals the extent to which capital is being augmented
through earnings retention, which is the principal source of capital
for most institutions. The banking agencies may be aware of some
capital transactions reported in Schedule RI-A due to licensing
requirements. However, for many other transactions directly
affecting capital such as dividends declared and transactions with a
parent holding company, Schedule RI-A may be the only source of
information on changes in capital aside from an on-site examination.
Even for capital transactions that require prior agency approval,
the information reported in Schedule RI-A serves as confirmation
that the institution successfully completed the transaction (such as
issuing new stock or redeeming existing preferred stock). The
agencies also use the information on this schedule as a starting
point for reviewing compliance with statutory or regulatory
restrictions on dividends or holding company transactions.
The FDIC uses data items from Schedule RI-A in its estimates of
losses from failures of insured depository institutions, which
affects the FDIC's loss reserve and the resulting level of the
balance in the Deposit Insurance Fund.
Schedule RI-C (Disaggregated Data on the Allowance for Loan and
Lease Losses) [FFIEC 031 and FFIEC 041 Only]
Schedule RI-C provides information on the components of the
allowance for loan and lease losses (ALLL) by loan category
disaggregated on the basis of a reporting institution's impairment
measurement method and the related recorded investment in loans
(and, as applicable, leases) held for investment for institutions
with $1 billion or more in total assets. The information required to
be reported in Schedule RI-C is consistent with disclosures required
under existing U.S. GAAP in Financial Accounting Standards Board
(FASB) Accounting Standards Codification (ASC) paragraphs 310-10-50-
11B(g) and (h).
By providing this level of detail on an individual institution's
overall ALLL, which supports the identification of changes in its
components over time, examiners can better perform off-site
monitoring of activity within the ALLL in periods between
examinations and when planning for examinations. Thus, the Schedule
RI-C information enables examiners and agency analysts to determine
whether the institution is releasing loan loss allowances in some
loan categories and building allowances in others. Furthermore,
changes from period to period in the volume of individually
evaluated loans that have been determined to be impaired in each
loan category, and the allowance allocations to these impaired
loans, provide examiners and analysts with an indicator of trends in
the institution's credit quality. This understanding is critical to
the agencies since the ALLL, and the direction of changes in its
composition, is one of the key factors in determining an
institution's financial condition.
The detailed ALLL information collected in Schedule RI-C allows
the agencies to more finely focus efforts related to the analysis of
the ALLL and credit risk management. By reviewing the data collected
in Schedule RI-C on allowance allocations by loan category in
conjunction with the past due and nonaccrual data reported by loan
category (in Schedule RC-N) that are used in a general assessment of
an institution's credit risk exposures, the agencies can better
evaluate whether the overall level of its ALLL, and its allocations
by loan category, appear appropriate or whether supervisory follow-
up is warranted. Together, the ALLL information and past due and
nonaccrual data factor into the assessment of the Asset Quality
component of the CAMELS rating.\15\ As an example, by using the
detailed information on the ALLL allocated to commercial real estate
(CRE) loans, examiners and analysts can better understand how
institutions with CRE concentrations are building or releasing
allowances, the extent of ALLL coverage in relation to their CRE
portfolios, and how this might differ among institutions.
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\15\ CAMELS is an acronym that represents the ratings from six
essential components of an institution's financial condition and
operations: Capital adequacy, asset quality, management, earnings,
liquidity, and sensitivity to market risk. These components
represent the primary areas evaluated by examiners during
examinations of institutions.
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Schedule RI-C also assists the agencies in understanding
industry trends related to the build-up or release of allowances for
specific loan categories. The information supports comparisons of
ALLL levels by loan category, including the identification of
differences in ALLL allocations by institution size. Understanding
how institutions' ALLL practices and allocations differ over time
for particular loan categories as economic conditions change
provides insight that can be used to more finely tune supervisory
procedures and policies.
Schedule RC-A (Cash and Balances Due From Depository Institutions)
[FFIEC 031 and FFIEC 041 Only]
Schedule RC-A provides data on currency and coin, cash items,
balances due from U.S. and foreign depository institutions, and
balances due from Federal Reserve Banks.
[[Page 15683]]
This information, particularly from larger institutions, is utilized
for monetary policy purposes and liquidity analysis purposes.
For monetary policy purposes, information from Schedule RC-A is
needed for analysis of the relationship between institutions' cash
assets and the federal funds market, and in the construction of the
monetary aggregates and weekly estimates of cash assets. The Board,
in conducting monetary policy, monitors shifts between cash accounts
and federal funds as a measure of the effectiveness of policy
initiatives. For example, differences in interest rates paid on
balances due from Federal Reserve Banks compared to those available
in the federal funds market cause shifts in the relative volumes of
funds institutions hold in their Federal Reserve Bank accounts and
federal funds sold. This can be seen in the significant shrinkage in
the federal funds market over the past ten years that has been
offset by increases in cash assets held. As monetary policy
normalizes and rates in the federal funds market increase, data in
Schedule RC-A will allow the Board to analyze how cash assets would
change as the federal funds market responds to the movement in
rates.
Schedule RC-A data also serve as inputs into the construction of
the monetary aggregates and in deriving estimates of cash assets on
a weekly frequency. Cash items reported in item 1 are utilized as
netting components in constructing the monetary aggregates. Items
for cash and balances due from depository institutions are utilized
to benchmark comparable weekly data collected by the Board from a
sample of both small and large depository institutions. These weekly
estimates provide timely input for more effective monitoring of
institutions' cash asset positions.
Schedule RC-A provides information about the most liquid balance
sheet accounts available to satisfy unexpected cash outflows. Thus,
information reported on balances due from depository institutions,
including those representing correspondent banking balances, are a
key element in the agencies' analysis of an institution's management
of liquidity risk. Such balances serve to pay the institution's
daily cash letters and must be maintained at sufficient levels to
cover these obligations in the normal course of business. At the
same time, information from Schedule RC-A is particularly important
for the agencies' evaluations of an institution's ability to
effectively respond to liquidity stress. Although other balance
sheet assets, such as debt securities, are secondary sources of
liquidity under normal operating conditions, examiners consider the
availability of on-balance sheet cash and due from balances under a
highly stressed operating environment. Given the volatility of
liability funding sources, agency supervisory staff assess the
demands of a potential liquidity crisis in comparison to the
availability of funds from due from balances. Because the amount of
liquid assets that an institution should maintain is a function of
the stability of its funding structure and the risk characteristics
of its balance sheet and off-balance sheet activities, examiners
monitor the level of cash and due from balances, and changes therein
from period to period, by using data from Schedule RC-A as part of
their off-site analyses of liquidity risk. The results of these
analyses may influence the supervisory strategy for an institution
and is an input into examination planning activities necessary for
scoping and staffing the evaluation of liquidity and funds
management during examinations.
The separate breakout of balances due from banks in foreign
countries and foreign central banks in Schedule RC-A also aids the
agencies in assessing liquidity risk arising from additional or
distinct banking laws and regulations in foreign countries and in
evaluating the currency risk and country risk associated with these
balances.
Schedule RC-F (Other Assets)
Schedule RC-F collects a breakdown of assets not reported in
other balance sheet asset categories, such as deferred tax assets,
equity securities without readily determinable fair values, and life
insurance assets. This information is used in off-site monitoring
and for pre-examination planning. A trend of rapid growth in or a
significant change in the reported amount of an individual category
of other assets that is identified through off-site monitoring may
represent an area of potential concern or heightened risk and
require further review and assessment, either upon identification or
at the next examination.
For example, a significant increase in the level of accrued
interest receivable may be indicative of deterioration in the
repayment capacity of an institution's borrowers or a relaxation of
management's loan collection policies and practices, which would
signal an increase in overall credit risk. Growth in the amount of
net deferred tax assets, particularly at an institution with
cumulative losses in recent years, raises questions about the
realizability of these assets and whether the need for a valuation
allowance has been properly assessed. The importance of ensuring the
appropriateness of the reported amount of these assets is also tied
to the deductions and limits that apply to deferred tax assets under
the agencies' regulatory capital rules. Examiners use information on
the volume of interest-only strips receivable in their pre-
examination scoping of an institution's interest rate risk to
determine the extent of this risk in preparation for an on-site
assessment. Because bank-owned life insurance exposes an institution
to liquidity, operational, credit, interest rate, and other risks,
examiners need to identify significant holdings of life insurance
assets and growth in such holdings. In these circumstances,
examiners evaluate management's adherence to prudent concentration
limits for life insurance assets and management's performance of
comprehensive assessments of the risks of these assets, either on an
off-site basis or during examinations.
Information on those individual components of all other assets
that exceed the Schedule RC-F disclosure threshold helps examiners
evaluate the significance of these items to the overall composition
of the balance sheet and identify risk exposures associated with
these assets. For example, when examiners find the reported amount
of repossessed assets at an institution to be increasing, these
data, taken together with data on the volume of past due and
nonaccrual loans reported in Schedule RC-N, may signal credit
deterioration and the need for examiner follow-up with management.
Data on repossessed assets also are used for the scoping of targeted
consumer compliance examinations, particularly with respect to auto
loan origination and servicing.
Data on accrued interest receivable also are used in the FDIC's
model that estimates losses arising from the failure of problem
institutions, which affects the measurement of the balance of the
Deposit Insurance Fund.
Schedule RC-G (Other Liabilities)
Schedule RC-G collects a breakdown of liabilities not reported
in other balance sheet liability categories, such as interest
accrued and unpaid on deposits, net deferred tax liabilities, and
the allowance for credit losses on off-balance sheet exposures. As
with the other assets data collected in Schedule RC-F, information
reported in Schedule RC-G is used in off-site monitoring and for
pre-examination planning. A trend of rapid growth in or a
significant change in the reported amount of an individual category
of other liabilities that is identified through off-site monitoring
may represent an area of potential concern or heightened risk and
require further review and assessment, either upon identification or
at the next examination.
For example, a significant increase or decrease in the interest
accrued and unpaid on deposits would warrant examiner follow-up to
determine the cause for this change from previous levels because it
could indicate a change in an institution's funding strategy with a
consequential effect on its future earnings and its interest rate
risk exposure. Examiner assessments of material increases in the
allowance for off-balance sheet credit exposures are performed to
determine whether this reflects credit quality deterioration on the
part of existing customers to whom credit has been extended, a
loosening of underwriting practices for granting or renewing lines
of credit, or other factors, especially at banks with significant
credit card operations or other unfunded commitments.
Information on those individual components of all other
liabilities that exceed the Schedule RC-G disclosure threshold helps
examiners evaluate the significance of these items to the overall
composition of the balance sheet and identify risk exposures
associated with these liabilities. For example, an increase in the
amount of derivatives with negative fair values, considering changes
in the notional amounts of derivatives reported in Schedule RC-L (on
the FFIEC 031 or FFIEC 041) or Schedule SU (on the FFIEC 051), would
lead to examiner review of an institution's hedging activities and
their effectiveness in offsetting identified hedged risks or its
strategy for entering into derivatives transactions for purposes
other than hedging because of the resulting negative impact on
earnings. Because deferred compensation liabilities create funding
obligations, growth in the amount of
[[Page 15684]]
these liabilities that triggers disclosure in Schedule RC-G warrants
examiner review to ensure that management is properly planning for
the funding mechanisms to be used to satisfy these compensation
arrangements.
Data on interest accrued and unpaid on deposits also are used in
the FDIC's model that estimates losses arising from the failure of
problem institutions, which affects the measurement of the Deposit
Insurance Fund.
Schedule RC-H (Selected Balance Sheet Items for Domestic Offices)
[FFIEC 031 Only]
Schedule RC-H provides data on selected balance sheet items held
in domestic offices only, and complements domestic office
information collected in Schedule RC-C, Part I (Loans and Leases),
Column B, and in Schedule RC-A (Cash and Balances Due from
Depository Institutions), Column B. This domestic office level
information is utilized for monetary policy and supervisory risk
assessment purposes.
In general, Board policymakers set U.S. monetary policy to
influence economic activity and financial market conditions in the
United States. The domestic office components of the balance sheet
items in Schedule RC-H and elsewhere in the Call Report are used in
this context to assess credit availability, banks' funding patterns,
liquidity, and investment strategies in the United States. For
example, if the level of an institution's consolidated holdings of
U.S. Treasury securities were increasing, but upon further review a
significant portion of the growth reflected a rise in the amount of
the institution's securities that are held in its foreign offices,
such growth would not constitute direct support of either increased
liquidity or a change in investment strategy at the institution's
domestic offices. Moreover, in that case, such growth would not
constitute an increase in the Board's U.S. bank credit aggregate,
which is based on domestic-office-only holdings of institutions'
securities and loans. Without the domestic-offices-only component of
U.S. Treasury securities, the interpretation of increases in such
securities holdings would be unnecessarily complicated; it would
otherwise be unclear to policymakers, analysts, and others whether
such growth had in fact reflected stimulation of the U.S. economy in
the form of U.S. bank credit.
For institutions with foreign and domestic operations, the
division of assets and funding between foreign and domestic
components is a key element of an institution's risk profile. For
example, the levels of funding and assets at such an institution
that are subject to potentially more restrictive foreign laws and
regulations and to currency risk and other transactional risks
define a major portion of the institution's risk profile. In
addition, data on the volume of assets and liabilities by balance
sheet category in domestic versus foreign offices is essential for
planning and staffing examinations of institutions with foreign
offices.
Schedule RC-I (Assets and Liabilities of IBFs) [FFIEC 031 Only]
Schedule RC-I requires the reporting, on a fully consolidated
basis, of the total assets and liabilities of all International
Banking Facilities (IBFs) established by the reporting institution,
i.e., including any IBFs established by the institution itself or by
its Edge or Agreement subsidiaries. An IBF is a set of asset and
liability accounts, segregated on the books and records of the
establishing entity, which reflect permitted international
transactions. IBF activities are essentially limited to accepting
deposits from and extending credit to foreign residents (including
banks), other IBFs, and the institutions establishing the IBF. The
general purpose of the collection of these two Schedule RC-I data
items is to aid in the planning of examinations on the risks and
activities associated with international lending, financing
instruments, and international banking conducted through an IBF.
These two data items also serve as high level indicators of
institutions' engagement in such activities between examinations.
There is no other source of information on the total assets and
liabilities of U.S. banking institutions' IBFs.
Schedule RC-P (1-4 Family Residential Mortgage Banking Activities
in Domestic Offices) [FFIEC 031 and FFIEC 041 Only]
For institutions that meet an activity-based reporting threshold
associated with their mortgage banking activities in domestic
offices, Schedule RC-P provides data on their originations,
purchases, and sales of closed-end and open-end 1-4 family
residential mortgages during the quarter. Institutions providing
data in Schedule RC-P also report the amount of closed-end and open-
end 1-4 family residential mortgage loans held for sale or trading
at quarter-end as well as the noninterest income for the quarter
from the sale, securitization, and servicing of these mortgage
loans. For open-end mortgage loans, institutions report the total
commitment under the line of credit. These data are collected to
enhance the agencies' ability to monitor the nature and extent of
institutions' involvement with 1-4 family residential mortgage loans
as originators, sellers, and servicers of such loans.
Since mortgage banking accounts for a large source of income at
many institutions, concentrations of activities in this area pose
several types of risks. These risks include operational, credit,
interest rate, and liquidity risks, evaluations of which are
critical in assigning appropriate CAMELS ratings for an institution.
Therefore, the agencies monitor and analyze the Schedule RC-P data
on institutions' mortgage banking activities to support their
assessments of various risk components of CAMELS ratings. For
example, 1-4 family residential mortgage banking activities may
include an institution's obligation to repurchase mortgage loans
that it has sold or otherwise indemnify the loan purchaser against
loss due to borrower defaults, loan defects, other breaches of
representations and warranties, or other reasons, thereby exposing
the institution to additional risk. To monitor this exposure,
Schedule RC-P collects data on 1-4 family residential mortgage loan
repurchases and indemnifications during the quarter as well as
representation and warranty reserves for such loans that have been
sold. If off-site analysis of the reported data on repurchases and
indemnifications reveals substantial increases in recent periods,
this would be a red flag for supervisory questions about the credit
and operational risks arising from the institution's mortgage loan
originations and purchases as well as its ability to fund a higher
level of loan repurchases going forward than it may be accustomed to
repurchase. Examiner review of the appropriateness of the level of
representation and warranty reserves and the institution's
methodology for estimating the amount of these reserves also would
be warranted.
In addition, the data reported in Schedule RC-P are used in the
ongoing monitoring of the current volume, growth, and profitability
of institutions' 1-4 family residential mortgage banking activities.
In this regard, significant growth in these activities over a short
period of time, particularly in relation to the size of an
institution, raises supervisory concerns as to whether the
institution has implemented appropriate risk management processes,
controls, and governance over its mortgage banking business. The
extent of the increased level of activity will determine the nature
and timing of the supervisory follow-up. More generally, for
examiners, the off-site monitoring of the Schedule RC-S data and
related metrics and trends provides key information for examination
scoping and helps determine the allocation of mortgage-banking
specialists' time during on-site examinations.
A substantial volume of loans and other assets held for sale in
a market where the assets may not be able to be readily sold can
cause significant liquidity strain because of the institution's need
for funding to carry these assets for a greater length of time than
had been anticipated. Thus, the agencies use data from Schedule RC-P
when assessing an institution's liquidity position by monitoring and
analyzing the extent of mortgages held for sale or trading. If there
is significant growth in the amount of such mortgage holdings,
particularly when the Schedule RC-P data reveal larger amounts of
originations and purchases compared to sales, this would be an
indicator that the acquired loans are not selling and a basis for
supervisory follow-up.
From a consumer compliance perspective, the agencies use
Schedule RC-P data to monitor mortgage-related metrics for assessing
potential risks to consumers, and for the scheduling and scoping of
examinations. Additionally, the agencies rely on Schedule RC-P data
for assessing an institution's product lines for compliance with the
Community Reinvestment Act and other fair lending regulations,
particularly if the institution engages in wholesale originations of
mortgage loans.
Schedule RC-Q--Assets and Liabilities Measured at Fair Value on a
Recurring Basis [FFIEC 031 and FFIEC 041 Only]
FASB ASC Topic 820, Fair Value Measurement, provides guidance on
how to measure fair value and establishes a three-level hierarchy
for measuring fair value. This hierarchy prioritizes inputs used to
measure fair value based on observability, giving the highest
priority to quoted prices in active
[[Page 15685]]
markets for identical assets or liabilities (Level 1) and the lowest
priority to unobservable inputs (Level 3).
Under ASC Subtopic 825-10, Financial Instruments--Overall, ASC
Subtopic 815-15, Derivatives and Hedging--Embedded Derivatives, and
ASC Subtopic 860-50, Transfers and Servicing--Servicing Assets and
Liabilities, an institution may elect to report certain assets and
liabilities at fair value with changes in fair value recognized in
earnings. This election is generally referred to as the fair value
option. Under U.S. GAAP, certain other assets and liabilities are
required to be measured at fair value on a recurring basis.
Institutions that have elected to apply the fair value option or
have reported $10 million or more in total trading assets in any of
the four preceding calendar quarters must report in Schedule RC-Q
the amount of assets and liabilities, by major categories, that are
measured at fair value on a recurring basis in the financial
statements, along with separate disclosure of the amount of such
assets and liabilities whose fair values were estimated under each
of the three levels of the FASB's fair value hierarchy.
Agency staff use the information on assets reported at fair
value in Schedule RC-Q to calibrate and estimate the impact of
regulatory capital policy, as well as evaluate contemplated capital
policy changes. The agencies also use the Schedule RC-Q data
(particularly the volume of fair value option assets and liabilities
in relation to total assets and total capital, whether the volume
has significantly increased, and whether the option has begun to be
applied to new categories of assets or liabilities) to assist with
planning the proper scoping and staffing of risk management safety
and soundness examinations given the critical importance of robust
risk management and control processes around fair value measurement.
For available-for-sale securities and fair value option loans,
agency staff can also compare the fair values reported in Schedule
RC-Q with the amortized cost and unpaid principal balance,
respectively, reported for these assets in the Call Report to
understand the extent and direction of these measurement differences
and their potential effect on regulatory capital should a
substantial portion of these assets need to be sold. The agencies
also use this information to evaluate the extent of Level 3 fair
value measurements of certain assets and liabilities because of the
extensive use of unobservable inputs to estimate these fair values,
as well as to monitor trading asset valuations and shifts in the
fair value hierarchy valuation levels among trading assets over time
and across capital markets.
Information in Schedule RC-Q is also used by agency examination
staff to analyze capital, asset quality, earnings, and liquidity
components of CAMELS. The agencies also use data reported in
Schedule RC-Q in credit risk management tools. Obtaining these data
on a quarterly basis allows for closer monitoring of credit risk
changes affecting assets measured at fair value. The data are also
used to monitor bank performance, emerging trends, and certain
mortgage servicing assets.
Schedule RC-S (Servicing, Securitization, and Asset Sale
Activities) [FFIEC 031 and FFIEC 041]
Schedule RC-S collects data on servicing, securitization, and
asset sale activities. The majority of these data represents off-
balance sheet activities. The agencies use the data provided in this
schedule primarily for risk identification and examination scoping
purposes.
Exposures reported in Schedule RC-S can affect an institution's
liquidity outlook. For example, if an institution has a commitment
to provide liquidity to its own or other institutions'
securitization structures or has provided credit enhancements in the
form of recourse or standby letters of credit for assets it has sold
or securitized, the agencies need to consider such funding
commitments to properly monitor and assess the full scope of an
institution's liquidity position. This schedule also captures past
due amounts for loans the reporting institution has sold and
securitized on which it has retained servicing or has provided
recourse or other credit enhancements. This past due information,
and trends in the past due amounts, are critical to the agencies'
ability to evaluate the credit quality of the underlying assets in
securitization structures on an off-site basis and timely identify
any credit quality deterioration for supervisory follow-up,
including, if applicable, the effect of increased servicing costs on
current and forecasted earnings. Defaulting assets underlying
securitization structures played a major role during the recent
financial crisis, so it is imperative the agencies have the
information necessary to continuously monitor the performance of
these assets.
The agencies also use Schedule RC-S data to analyze whether an
institution has adequate capital to cover losses arising from
liquidity commitments or recourse obligations if the underlying
assets in securitizations begin to default, especially in the event
of an economic downturn. In addition, on an industry-wide basis,
changes in the level of activity reported in the various items of
this schedule enables the agencies to identify emerging trends
within the securitization sector, which supports the development, as
needed, of supervisory policies and related guidance for
institutions and examiners.
Schedule RC-S is also used by the agencies to prepare for on-
site examinations. Specifically, the level of activity reported in
Schedule RC-S helps the agencies make examination resource
decisions, such as whether capital markets or consumer compliance
specialists are needed on-site. (Consumer compliance regulations
apply to loans an institution continues to service after sale or
securitization.) For example, in the event there are increasing
amounts of past due loans that an institution has sold and
securitized, additional resources can be allocated to examining the
institution's lending policies and practices and internal controls.
Schedule RC-T (Fiduciary and Related Services)
Schedule RC-T collects data on fiduciary assets and accounts,
income generated from those accounts and other fiduciary services,
and related fiduciary activities. The amount of data reported in
Schedule RC-T and the frequency of reporting varies depending on an
institution's total fiduciary assets and its fiduciary income. The
most detail, including income information, is provided quarterly by
institutions that have more than $250 million in fiduciary assets or
meet a fiduciary income test; other trust institutions report less
information in Schedule RC-T annually as of December 31.
Trust services are an integral part of the banking business for
more than 20 percent of all institutions. The granularity of the
data in Schedule RC-T, especially for the types of managed assets
held in fiduciary accounts, aids the agencies in determining the
complexity of an institution's fiduciary services risk profile.
Furthermore, the agencies use Schedule RC-T data to monitor changes
in the volume and character of discretionary trust activity and the
volume of nondiscretionary trust activity at a trust institution,
which facilitates their assessment of the nature and risks of the
institution's fiduciary activities. The institution's risk profile
in these areas is considered during pre-examination planning to
determine the appropriate scoping and staffing for trust
examinations.
The Schedule RC-T data also are used when examiners consider the
ratings to be assigned to trust institutions under the Uniform
Interagency Trust Rating System (UITRS). The UITRS considers certain
managerial, operational, financial, and compliance factors that are
common to all institutions with fiduciary activities. Under this
system, the supervisory agencies endeavor to ensure that all
institutions with fiduciary activities are evaluated in a
comprehensive and uniform manner, and that supervisory attention is
appropriately focused on those institutions exhibiting weaknesses in
their fiduciary operations.
Schedule RC-T provides a breakdown of the amount and number of
managed and non-managed accounts by the types of different trust
accounts. Personal trusts, employee benefit trusts, and corporate
trusts are reported separately because of their substantive
differences in nature and risk. Having a detailed breakdown between
managed and non-managed accounts is critical because managed
accounts have greater levels of investment, legal, reputational, and
compliance risks compared to non-managed accounts, and require more
supervisory oversight. This account information supports examination
scoping and staffing because the evaluation of different types of
trust accounts requires differences in expertise.
Data reported by larger trust institutions on fiduciary and
related services income and on fiduciary settlements, surcharges,
and other losses provide information on the overall profitability of
the institution's fiduciary activities and supports the assessment
of the Earnings component of the UITRS rating. These assessments
consider such factors as the profitability of fiduciary activities
in relation to the size and scope of the institution's trust product
lines and its overall trust business. In addition, fiduciary
[[Page 15686]]
settlements, surcharges, and other losses signal mishandling,
operational failure, or fraud, which pose higher than normal risk
exposure to the institution and raise questions for supervisory
follow-up about the effectiveness of the institution's controls over
its fiduciary activities. These data also are monitored off-site and
used to make interim rating changes in the UITRS Earnings rating
between scheduled examinations.
Data in the Schedule RC-T Memorandum items include the market
values of managed assets held in fiduciary accounts by type of
account and asset class and the number of collective investment
funds and common trust funds and the market value of fund assets by
type of fund. The exercise of investment discretion adds a
significant element of risk to the administration of managed
fiduciary accounts. The breakdowns by asset class and type of fund
enable the agencies to monitor trends, both on a trust industry-wide
basis and an individual trust institution basis, in how institutions
with investment discretion are investing the assets of managed
accounts and investment funds. The market value breakdowns of
managed assets by asset class provide an indicator of complexity by
separating more complex and hard-to-value assets that carry higher
levels of risk from those assets that pose less risk. These data
also contribute to effective examination scoping and staffing so
that trust examiners can be assigned, and their time allocated, to
examining those more complex and higher risk activities in which
they have expertise. For example, the separately reported managed
asset classes of real estate mortgages and real estate are
distinctly different asset classes with different risk and return
profiles, cash flows, and liquidity characteristics. Thus,
concentrations in either of these asset classes may inform the
supervisory strategy for managed fiduciary accounts, including the
level of specialized expertise that may be required when there are
concentrations in these asset classes.
Trust institutions also report the number of corporate and
municipal debt issues for which the institution serves as trustee
that are in substantive default and the outstanding principal amount
of these debt issues. A substantive default occurs when the issuer
fails to make a required payment of interest or principal, defaults
on a required payment into a sinking fund, or is declared bankrupt
or insolvent. The occurrence of a substantive default significantly
raises the risk profile for the institution serving as an indenture
trustee of a defaulted issue and can result in the incurrence of
significant expenses and the distraction of managerial time and
attention from other areas of trust administration. Thus, by
monitoring the corporate trust data reported in Schedule RC-T
between examinations, the agencies are able to identify changes in
the risk profile of institutions acting as indenture trustees for
timely supervisory follow-up and appropriate examination scoping and
staffing.
The existence of fiduciary activities reported in Schedule RC-T
may result in scoping certain areas of review into a consumer
compliance examination, such as privacy and incentive-based cross-
selling. The schedule also contains essential information for
statistical and analytical purposes, including calculating the OCC
assessments for independent trust banks.
Schedule RC-V (Variable Interest Entities) [FFIEC 031 and FFIEC 041
Only]
Schedule RC-V collects information on an institution's
consolidated variable interest entities (VIEs) as defined by FASB
ASC Topic 810, Consolidation. The data are used in determining the
extent to which an institution's VIEs have been created as
securitization vehicles to pool and repackage mortgages, other
assets, or other credit exposures into securities that have been or
can be transferred to investors or for other purposes. Examiners and
reviewers can quantify the level of cash and noninterest-bearing
balances, securities, loans, and other assets as well as liabilities
tied to VIEs that are reflected in the amounts reported in the
corresponding asset and liability categories on the parent
institution's consolidated balance sheet. While securitization
activities present many risks, the data on VIEs are particularly
useful for monitoring and examining credit risk or the risk to
earnings performance from the VIEs' activities. Depending on the
volume of an institution's VIEs, VIE assets that can be used only to
settle obligations of the consolidated VIEs can also impact off-site
assessments of the parent institution's liquidity position given the
restrictions on the use of the VIEs' assets for borrowing purposes.
Thus, the analysis of amounts reported in Schedule RC-V assists with
planning the proper scoping and staffing of examinations of
institutions with activities conducted through VIEs.
Appendix B
FFIEC 051: To be completed by banks with domestic offices only and
total assets less than $1 billion
Data Items Removed, Other Impacts to Data Items, or New or Increased
Reporting Threshold
Data Items Removed
Schedule RC-A, Cash and Balances Due from Depository
Institutions, removed.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-B.......................... 4.a.(1)....................... Residential mortgage pass- RCONG300, RCONG301,
through securities: RCONG302, RCONG303.
Guaranteed by GNMA
(Columns A through D).
RC-B.......................... 4.a.(2)....................... Residential mortgage pass- RCONG304, RCONG305,
through securities: RCONG306, RCONG307.
Issued by FNMA and FHLMC
(Columns A through D).
Note: Items 4.a.(1) and
4.a.(2) of Schedule RC-B
will be combined into one
data item (new item 4.a).
RC-F.......................... 3.a........................... Interest-only strips RCONA519.
receivable (not in the
form of a security) on
mortgage loans.
RC-F.......................... 3.b........................... Interest-only strips RCONA520.
receivable (not in the
form of a security) on
other financial assets.
Note: Items 3.a and 3.b of
Schedule RC-F will be
combined into one data
item (new item 3).
RC-F.......................... 6.d........................... Retained interests in RCONC436.
accrued interest
receivable related to
securitized credit cards.
SU............................ 8.e........................... Outstanding credit card RCONC407.
fees and finance charges
included in retail credit
card receivables sold and
securitized with
servicing retained or
with recourse or other
seller-provided credit
enhancements.
----------------------------------------------------------------------------------------------------------------
Other Impacts to Data Items
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-B.......................... 4.a.(1) (New)................. Residential mortgage pass- To be determined
through securities: (TBD)--4 MDRM
Issued or guaranteed by Numbers.
FNMA, FHLMC, or GNMA
(Columns A through D).
Note: Items 4.a.(1) and
4.a.(2) of Schedule RC-B
will be combined into
this data item.
[[Page 15687]]
RC-F.......................... 3 (New)....................... Interest-only strips TBD.
receivable (not in the
form of a security).
Note: Items 3.a and 3.b of
Schedule RC-F removed
above will be combined
into this data item.
----------------------------------------------------------------------------------------------------------------
Data Items With a New or Increased Reporting Threshold
Schedule RC-T: Increase the threshold for the exemption from
reporting Schedule RC-T items 14 through 26, from institutions with
fiduciary assets of $100 million or less to institutions with
fiduciary assets of $250 million or less (that do not meet the
fiduciary income test for quarterly reporting).
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T.......................... 14............................ Income from personal trust RIADB904
and agency accounts.
RC-T.......................... 15.a.......................... Income from employee RIADB905.
benefit and retirement-
related trust and agency
accounts: Employee
benefit--defined
contribution.
RC-T.......................... 15.b.......................... Income from employee RIADB906.
benefit and retirement-
related trust and agency
accounts: Employee
benefit--defined benefit.
RC-T.......................... 15.c.......................... Income from employee RIADB907.
benefit and retirement-
related trust and agency
accounts: Other employee
benefit and retirement-
related accounts.
RC-T.......................... 16............................ Income from corporate RIADA479.
trust and agency accounts.
RC-T.......................... 17............................ Income from investment RIADJ315.
management and investment
advisory agency accounts.
RC-T.......................... 18............................ Income from foundation and RIADJ316.
endowment trust and
agency accounts.
RC-T.......................... 19............................ Income from other RIADA480.
fiduciary accounts.
RC-T.......................... 20............................ Income from custody and RIADB909.
safekeeping accounts.
RC-T.......................... 21............................ Other fiduciary and RIADB910.
related services income.
RC-T.......................... 22............................ Total gross fiduciary and RIAD4070.
related services income.
RC-T.......................... 23............................ Less: Expenses............ RIADC058.
RC-T.......................... 24............................ Less: Net losses from RIADA488.
fiduciary and related
services.
RC-T.......................... 25............................ Plus: Intracompany income RIADB911.
credits for fiduciary and
related services.
RC-T.......................... 26............................ Net fiduciary and related RIADA491.
services income.
----------------------------------------------------------------------------------------------------------------
To be completed by banks with collective investment funds and
common trust funds with a total market value of $1 billion or more
as of the preceding December 31.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T.......................... M3.a.......................... Collective investment RCONB931, RCONB932.
funds and common trust
funds: Domestic equity
(Columns A and B).
RC-T.......................... M3.b.......................... Collective investment RCONB933, RCONB934.
funds and common trust
funds: International/
Global equity (Columns A
and B).
RC-T.......................... M3.c.......................... Collective investment RCONB935, RCONB936
funds and common trust
funds: Stock/Bond blend
(Columns A and B).
RC-T.......................... M3.d.......................... Collective investment RCONB937, RCONB938.
funds and common trust
funds: Taxable bond
(Columns A and B).
RC-T.......................... M3.e.......................... Collective investment RCONB939, RCONB940.
funds and common trust
funds: Municipal bond
(Columns A and B).
RC-T.......................... M3.f.......................... Collective investment RCONB941, RCONB942.
funds and common trust
funds: Short-term
investments/Money market
(Columns A and B).
RC-T.......................... M3.g.......................... Collective investment RCONB943, RCONB944.
funds and common trust
funds: Specialty/Other
(Columns A and B).
----------------------------------------------------------------------------------------------------------------
Appendix C
FFIEC 041: To Be Completed by Banks With Domestic Offices Only and
Consolidated Total Assets Less Than $100 Billion, Except Those Banks
That File the FFIEC 051
Data Items Removed, Other Impacts to Data Items, or New or Increased
Reporting Threshold
Data Items Removed
[[Page 15688]]
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A.......................... 2.a........................... Balances due from U.S. RCON0083.
branches and agencies of
foreign banks.
RC-A.......................... 2.b........................... Balances due from other RCON0085.
commercial banks in the
U.S. and other depository
institutions in the U.S.
Note: Items 2.a and 2.b of
Schedule RC-A will be
combined into one data
item (new item 2).
RC-A.......................... 3.a........................... Balances due from foreign RCON0073.
branches of other U.S.
banks.
RC-A.......................... 3.b........................... Balances due from other RCON0074.
banks in foreign
countries and foreign
central banks.
Note: Items 3.a and 3.b of
Schedule RC-A will be
combined into one data
item (new item 3).
RC-F.......................... 3.a........................... Interest-only strips RCONA519.
receivable (not in the
form of a security) on
mortgage loans.
RC-F.......................... 3.b........................... Interest-only strips RCONA520.
receivable (not in the
form of a security) on
other financial assets.
Note: Items 3.a and 3.b of
Schedule RC-F will be
combined into one data
item (new item 3).
RC-F.......................... 6.d........................... Retained interests in RCONC436.
accrued interest
receivable related to
securitized credit cards.
RC-N.......................... M5.b.(1)...................... Loans measured at fair RCONF664, RCONF665,
value: Fair value RCONF666.
(Columns A through C).
RC-N.......................... M5.b.(2)...................... Loans measured at fair RCONF667, RCONF668,
value: Unpaid principal RCONF669.
balance (Columns A
through C).
RC-P.......................... 1.a........................... Retail originations during RCONF066.
the quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end first liens.
RC-P.......................... 1.b........................... Retail originations during RCONF067.
the quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end junior liens.
RC-P.......................... 1.c.(1)....................... Retail originations during RCONF670.
the quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit: Total
commitment under the
lines of credit.
Note: Items 1.a, 1.b, and
1.c.(1) of Schedule RC-P
will be combined into one
data item (new item 1).
RC-P.......................... 1.c.(2)....................... Retail originations during RCONF671.
the quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit:
Principal amount funded
under the lines of credit.
RC-P.......................... 2.a........................... Wholesale originations and RCONF068.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end first liens.
RC-P.......................... 2.b........................... Wholesale originations and RCONF069.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end junior liens.
RC-P.......................... 2.c.(1)....................... Wholesale originations and RCONF672.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit: Total
commitment under the
lines of credit.
Note: Items 2.a, 2.b, and
2.c.(1) of Schedule RC-P
will be combined into one
data item (new item 2).
RC-P.......................... 2.c.(2)....................... Wholesale originations and RCONF673.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit:
Principal amount funded
under the lines of credit.
RC-P.......................... 3.a........................... 1-4 family residential RCONF070.
mortgage loans sold
during the quarter:
Closed-end first liens.
RC-P.......................... 3.b........................... 1-4 family residential RCONF071.
mortgage loans sold
during the quarter:
Closed-end junior liens.
RC-P.......................... 3.c.(1)....................... 1-4 family residential RCONF674.
mortgage loans sold
during the quarter: Total
commitment under the
lines of credit.
Note: Items 3.a, 3.b, and
3.c.(1) of Schedule RC-P
will be combined into one
data item (new item 3).
RC-P.......................... 3.c.(2)....................... 1-4 family residential RCONF675.
mortgage loans sold
during the quarter:
Principal amount funded
under the lines of credit.
RC-P.......................... 4.a........................... 1-4 family residential RCONF072.
mortgage loans held for
sale or trading at
quarter-end: Closed-end
first liens.
RC-P.......................... 4.b........................... 1-4 family residential RCONF073.
mortgage loans held for
sale or trading at
quarter-end: Closed-end
junior liens.
RC-P.......................... 4.c.(1)....................... 1-4 family residential RCONF676.
mortgage loans held for
sale or trading at
quarter-end: Total
commitment under the
lines of credit.
Note: Items 4.a, 4.b, and
4.c.(1) of Schedule RC-P
will be combined into one
data item (new item 4).
RC-P.......................... 4.c.(2)....................... 1-4 family residential RCONF677.
mortgage loans held for
sale or trading at
quarter-end: Principal
amount funded under the
lines of credit.
RC-P.......................... 5.a........................... Noninterest income for the RIADF184.
quarter from the sale,
securitization, and
servicing of 1-4 family
residential mortgage
loans: Closed-end 1-4
family residential
mortgage loans.
[[Page 15689]]
RC-P.......................... 5.b........................... Noninterest income for the RIADF560.
quarter from the sale,
securitization, and
servicing of 1-4 family
residential mortgage
loans: Open-end 1-4
family residential
mortgage loans extended
under lines of credit.
Note: Items 5.a and 5.b of
Schedule RC-P will be
combined into one data
item (new item 5).
RC-P.......................... 6.a........................... Repurchases and RCONF678.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Closed-end first
liens.
RC-P.......................... 6.b........................... Repurchases and RCONF679.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Closed-end
junior liens.
RC-P.......................... 6.c.(1)....................... Repurchases and RCONF680.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Total commitment
under the lines of credit.
Note: Items 6.a, 6.b, and
6.c.(1) of Schedule RC-P
will be combined into one
data item (new item 6).
RC-P.......................... 6.c.(2)....................... Repurchases and RCONF681.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Principal amount
funded under the lines of
credit.
RC-Q.......................... 2............................. Federal funds sold and RCONG478, RCONG479,
securities purchased RCONG480, RCONG481,
under agreements to RCONG482.
resell (Columns A through
E).
Note: Item 2 of Schedule
RC-Q will be included in
item 6, All other assets.
RC-Q.......................... 9............................. Federal funds purchased RCONG507, RCONG508,
and securities sold under RCONG509, RCONG510,
agreements to repurchase RCONG511.
(Columns A through E).
RC-Q.......................... 11............................ Other borrowed money RCONG521, RCONG522,
(Columns A through E). RCONG523, RCONG524,
RCONG525.
RC-Q.......................... 12............................ Subordinated notes and RCONG526, RCONG527,
debentures (Columns A RCONG528, RCONG529,
through E). RCONG530.
Note: Items 9, 11 and 12
of Schedule RC-Q will be
included in item 13, All
other liabilities.
RC-Q.......................... M3.a.(1)...................... Loans measured at fair RCONF578.
value: Construction, land
development, and other
land loans.
RC-Q.......................... M3.a.(2)...................... Loans measured at fair RCONF579.
value: Secured by
farmland.
RC-Q.......................... M3.a.(4)...................... Loans measured at fair RCONF583.
value: Secured by
multifamily (5 or more)
residential properties.
RC-Q.......................... M3.a.(5)...................... Loans measured at fair RCONF584.
value: Secured by nonfarm
nonresidential properties.
Note: Items M3.a.(1),
M3.a.(2), M3.a.(4), and
M3.a.(5) of Schedule RC-Q
will be combined into one
data item (new item
M3.a.(2)).
RC-Q.......................... M3.a.(3)(a)................... Loans measured at fair RCONF580.
value: Revolving, open-
end loans secured by 1-4
family residential
properties and extended
under lines of credit.
RC-Q.......................... M3.a.(3)(b)(1)................ Loans measured at fair RCONF581.
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by first liens.
RC-Q.......................... M3.a.(3)(b)(2)................ Loans measured at fair RCONF582.
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by junior liens.
Note: Items M3.a.(3)(a),
M3.a.(3)(b)(1), and
M3.a.(3)(b)(2) of
Schedule RC-Q will be
combined into one data
item (new item M3.a.(1)).
RC-Q.......................... M3.c.(1)...................... Loans measured at fair RCONF586.
value: Credit cards.
RC-Q.......................... M3.c.(2)...................... Loans measured at fair RCONF587.
value: Other revolving
credit plans.
RC-Q.......................... M3.c.(3)...................... Loans measured at fair RCONK196.
value: Automobile loans.
RC-Q.......................... M3.c.(4)...................... Loans measured at fair RCONK208.
value: Other consumer
loans.
Note: Items M3.c.(1),
M3.c.(2), M3.c.(3), and
M3.c.(4) of Schedule RC-Q
will be combined into one
data item (new item M3.c).
RC-Q.......................... M4.a.(1)...................... Unpaid principal balance RCONF590.
of loans measured at fair
value: Construction, land
development, and other
land loans.
RC-Q.......................... M4.a.(2)...................... Unpaid principal balance RCONF591.
of loans measured at fair
value: Secured by
farmland.
RC-Q.......................... M4.a.(4)...................... Unpaid principal balance RCONF595.
of loans measured at fair
value: Secured by
multifamily (5 or more)
residential properties.
RC-Q.......................... M4.a.(5)...................... Unpaid principal balance RCONF596.
of loans measured at fair
value: Secured by nonfarm
nonresidential properties.
Note: Items M4.a.(1),
M4.a.(2), M4.a.(4), and
M4.a(5) of Schedule RC-Q
will be combined into one
data item (new item
M4.a.(2)).
RC-Q.......................... M4.a.(3)(a)................... Unpaid principal balance RCONF592.
of loans measured at fair
value: Revolving, open-
end loans secured by 1-4
family residential
properties and extended
under lines of credit.
[[Page 15690]]
RC-Q.......................... M4.a.(3)(b)(1)................ Unpaid principal balance RCONF593.
of loans measured at fair
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by first liens.
RC-Q.......................... M4.a.(3)(b)(2)................ Unpaid principal balance RCONF594.
of loans measured at fair
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by junior liens.
Note: Items M4.a.(3)(a),
M4.a.(3)(b)(1), and
M4.a.(3)(b)(2) of
Schedule RC-Q will be
combined into one data
item (new item M4.a.(1)).
RC-Q.......................... M4.c.(1)...................... Unpaid principal balance RCONF598.
of loans measured at fair
value: Credit cards.
RC-Q.......................... M4.c.(2)...................... Unpaid principal balance RCONF599.
of loans measured at fair
value: Other revolving
credit plans.
RC-Q.......................... M4.c.(3)...................... Unpaid principal balance RCONK195.
of loans measured at fair
value: Automobile loans.
RC-Q.......................... M4.c.(4)...................... Unpaid principal balance RCONK209.
of loans measured at fair
value: Other consumer
loans.
Note: Items M4.c.(1),
M4.c.(2), M4.c.(3), and
M4.c.(4) of Schedule RC-Q
will be combined into one
data item (new item M4.c).
RC-S.......................... 1............................. Outstanding principal RCONB706, RCONB707,
balance of assets sold RCONB708, RCONB709,
and securitized by the RCONB710.
reporting bank with
servicing retained or
with recourse or other
seller-provided credit
enhancements (Columns B
through F).
Note: Item 1, Columns B
through F, of Schedule RC-
S will be included in
item 1, Column G.
RC-S.......................... 2.a........................... Maximum amount of credit RCONB712, RCONB713,
exposure arising from RCONB714, RCONB715,
recourse or other seller- RCONB716, RCONB717,
provided credit RCONB718.
enhancements provided to
structures reported in
item 1 in the form of:
Credit-enhancing interest-
only strips (Columns A
through G).
RC-S.......................... 2.b........................... Maximum amount of credit RCONC393, RCONC394,
exposure arising from RCONC395, RCONC396,
recourse or other seller- RCONC397, RCONC398,
provided credit RCONC399.
enhancements provided to
structures reported in
item 1 in the form of:
Subordinated securities
and other residual
interests (Columns A
through G).
RC-S.......................... 2.c........................... Maximum amount of credit RCONC400, RCONC401,
exposure arising from RCONC402, RCONC403,
recourse or other seller- RCONC404, RCONC405,
provided credit RCONC406.
enhancements provided to
structures reported in
item 1 in the form of:
Standby letters of credit
and other enhancements
(Columns A through G).
Note: Items 2.a, 2.b, and
2.c, Columns A and G, of
Schedule RC-S will be
combined into one data
item (new item 2) for
Columns A and G.
RC-S.......................... 3............................. Reporting bank's unused RCONB726, RCONB727,
commitments to provide RCONB728, RCONB729,
liquidity to structures RCONB730, RCONB731,
reported in item 1 RCONB732.
(Columns A through G).
RC-S.......................... 4.a........................... Past due loan amounts RCONB734, RCONB735,
included in item 1: 30-89 RCONB736, RCONB737,
days past due (Columns B RCONB738.
through F).
Note: Item 4.a, Columns B
through F, of Schedule RC-
S will be included in
item 4.a, Column G.
RC-S.......................... 4.b........................... Past due loan amounts RCONB741, RCONB742,
included in item 1: 90 RCONB743, RCONB744,
days or more past due RCONB745.
(Columns B through F).
Note: Item 4.b, Columns B
through F, of Schedule RC-
S will be included in
item 4.b, Column G.
RC-S.......................... 5.a........................... Charge-offs and recoveries RIADB748, RIADB749,
on assets sold and RIADB750, RIADB751,
securitized with RIADB752.
servicing retained or
with recourse or other
seller-provided credit
enhancements: Charge-offs
(Columns B through F).
Note: Item 5.a, Columns B
through F, of Schedule RC-
S will be included in
item 5.a, Column G.
RC-S.......................... 5.b........................... Charge-offs and recoveries RIADB755, RIADB756,
on assets sold and RIADB757, RIADB758,
securitized with RIADB759.
servicing retained or
with recourse or other
seller-provided credit
enhancements: Recoveries
(Columns B through F).
Note: Item 5.b, Columns B
through F, of Schedule RC-
S will be included in
item 5.b, Column G.
RC-S.......................... 6.a........................... Amount of ownership (or RCONB761, RCONB762,
seller's) interests RCONB763.
carried as: Securities
(Columns B, C, and F).
RC-S.......................... 6.b........................... Amount of ownership (or RCONB500, RCONB501,
seller's) interests RCONB502.
carried as: Loans
(Columns B, C, and F).
Note: Items 6.a and 6.b,
Columns B, C, and F, of
Schedule RC-S will be
combined into one data
item (new item 6) for
Column G.
RC-S.......................... 7.a........................... Past due loan amounts RCONB764, RCONB765,
included in interests RCONB766.
reported in item 6.a: 30-
89 days past due (Columns
B, C, and F).
[[Page 15691]]
RC-S.......................... 7.b........................... Past due loan amounts RCONB767, RCONB768,
included in interests RCONB769.
reported in item 6.a: 90
days or more past due
(Columns B, C, and F).
RC-S.......................... 8.a........................... Charge-offs and recoveries RIADB770, RIADB771,
on loan amounts included RIADB772.
in interests reported in
item 6.a: 30-89 days past
due (Columns B, C, and F).
RC-S.......................... 8.b........................... Charge-offs and recoveries RIADB773, RIADB774,
on loan amounts included RIADB775.
in interests reported in
item 6.a: 90 days or more
past due (Columns B, C,
and F).
RC-S.......................... 9............................. Maximum amount of credit RCONB777, RCONB778,
exposure arising from RCONB779, RCONB780,
credit enhancements RCONB781.
provided by the reporting
bank to other
institutions'
securitization structures
in the form of standby
letters of credit,
purchased subordinated
securities, and other
enhancements (Columns B
through F).
Note: Item 9, Columns B
through F, of Schedule RC-
S will be included in
item 9, Column G.
RC-S.......................... 10............................ Reporting bank's unused RCONB784, RCONB785,
commitments to provide RCONB786, RCONB787,
liquidity to other RCONB788.
institutions'
securitization structures
(Columns B through F).
Note: Item 10, Columns B
through F, of Schedule RC-
S will be included in
item 10, Column G.
RC-S.......................... 11............................ Assets sold with recourse RCONB791, RCONB792,
or other seller-provided RCONB793, RCONB794,
credit enhancements and RCONB795.
not securitized by the
reporting bank (Columns B
through F).
Note: Item 11, Columns B
through F, of Schedule RC-
S will be included in
item 11, Column G.
RC-S.......................... 12............................ Maximum amount of credit RCONB798, RCONB799,
exposure arising from RCONB800, RCONB801,
recourse or other seller- RCONB802.
provided credit
enhancements provided to
assets reported in item
11 (Columns B through F).
Note: Item 12, Columns B
through F, of Schedule RC-
S will be included in
item 12, Column G.
RC-S.......................... M1.a.......................... Small business obligations RCONA249.
transferred with recourse
under Section 208 of the
Riegle Community
Development and
Regulatory Improvement
Act of 1994: Outstanding
principal balance.
Note: Item M.l.a of
Schedule RC-S will be
included in item 1 or
item 11, Column G, as
appropriate.
RC-S.......................... M1.b.......................... Small business obligations RCONA250.
transferred with recourse
under Section 208 of the
Riegle Community
Development and
Regulatory Improvement
Act of 1994: Amount of
retained recourse on
these obligations as of
the report date.
Note: Item M.1.b of
Schedule RC-S will be
included in item 2 or 12,
Column G, as appropriate.
RC-V.......................... All data items reported for ABCP Conduits (Column B).. RCONJ982, RCONJ985,
``ABCP Conduits'' (Column B). Note: Data items currently RCONJ988, RCONJ991,
reported for ``ABCP RCONJ994, RCONJ997,
Conduits'' (Column B) RCONK001, RCONK004,
will be included in the RCONK007, RCONK010,
``Other VIEs'' column RCONK013, RCONK016,
(Column C, to be RCONK019, RCONK022,
relabeled as Column B) of RCONK025, RCONK028,
Schedule RC-V by line RCONK031, RCONK034.
item, as reflected below.
RC-V.......................... 1.b........................... Assets of consolidated RCONJ984, RCONJ986.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Held-
to-maturity securities
(Columns A and C).
RC-V.......................... 1.c........................... Assets of consolidated RCONJ987, RCONJ989.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Available-for-sale
securities (Columns A and
C).
Note: Items 1.b and 1.c,
Columns A and C, of
Schedule RC-V will be
combined into one data
item (new item 1.b) for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.d........................... Assets of consolidated RCONJ990, RCONJ992.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Securities purchased
under agreements to
resell (Columns A and C).
Note: Item 1.d, Columns A
and C, of Schedule RC-V
will be included in item
1.k, Other assets
(renumbered as item 1.e),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.e........................... Assets of consolidated RCONJ993, RCONJ995.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Loans
and leases held for sale
(Columns A and C).
RC-V.......................... 1.f........................... Assets of consolidated RCONJ996, RCONJ998.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Loans
and leases held for
investment (Columns A and
C).
[[Page 15692]]
RC-V.......................... 1.g........................... Assets of consolidated RCONJ999, RCONK002.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Less:
Allowance for loan and
lease losses (Columns A
and C).
Note: Items 1.e, 1.f, and
1.g, Columns A and C, of
Schedule RC-V will be
combined into one data
item (new item 1.c) for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.h........................... Assets of consolidated RCONK003, RCONK005.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Trading assets (other
than derivatives)
(Columns A and C).
Note: Item 1.h, Columns A
and C, of Schedule RC-V
will be included in item
1.k, Other assets
(renumbered as item 1.e),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.i........................... Assets of consolidated RCONK006, RCONK008.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Derivative trading assets
(Columns A and C).
Note: Item 1.i, Columns A
and C, of Schedule RC-V
will be included in item
1.k, Other assets
(renumbered as item 1.e),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 2.a........................... Liabilities of RCONK015, RCONK017.
consolidated VIEs for
which creditors do not
have recourse to the
general credit of the
reporting bank:
Securities sold under
agreements to repurchase
(Columns A and C).
Note: Item 2.a, Columns A
and C, of Schedule RC-V
will be included in item
2.e, Other liabilities
(renumbered as item 2.b),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 2.b........................... Liabilities of RCONK018, RCONK020.
consolidated VIEs for
which creditors do not
have recourse to the
general credit of the
reporting bank:
Derivative trading
liabilities (Columns A
and C).
Note: Item 2.b, Columns A
and C, of Schedule RC-V
will be included in item
2.e, Other liabilities
(renumbered as item 2.b),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 2.c........................... Liabilities of RCONK021, RCONK023.
consolidated VIEs for
which creditors do not
have recourse to the
general credit of the
reporting bank:
Commercial paper (Columns
A and C).
Note: Item 2.c, Columns A
and C, of Schedule RC-V
will be included in item
2.d, Other borrowed money
(renumbered as item 2.a),
for Columns A and C (the
latter to be relabeled as
Column B).
----------------------------------------------------------------------------------------------------------------
Other Impacts to Data Items
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A.......................... 2 (New)....................... Balances due from RCON0082.
depository institutions
in the U.S..
Note: Items 2.a. and 2.b
of Schedule RC-A will be
combined into this data
item.
RC-A.......................... 3 (New)....................... Balances due from banks in RCON0070.
foreign countries and
foreign central banks.
Note: Items 3.a. and 3.b
of Schedule RC-A will be
combined into this data
item.
RC-F.......................... 3 (New)....................... Interest-only strips To be determined
receivable (not in the (TBD).
form of a security).
Note: Items 3.a and 3.b of
Schedule RC-F will be
combined into this data
item.
RC-P.......................... 1 (New)....................... Retail originations during TBD.
the quarter of 1-4 family
residential mortgage
loans for sale.
Note: Items 1.a, 1.b, and
1.c.(1) of Schedule
RC[dash]P will be
combined into this data
item.
RC-P.......................... 2 (New)....................... Wholesale originations and TBD.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale.
Note: Items 2.a, 2.b, and
2.c.(1) of Schedule
RC[dash]P will be
combined into this data
item.
RC-P.......................... 3 (New)....................... 1-4 family residential TBD.
mortgage loans sold
during the quarter.
Note: Items 3.a, 3.b, and
3.c.(1) of Schedule
RC[dash]P will be
combined into this data
item.
RC-P.......................... 4 (New)....................... 1-4 family residential TBD.
mortgage loans held for
sale or trading at
quarter-end.
Note: Items 4.a, 4.b, and
4.c.(1) of Schedule
RC[dash]P will be
combined into this data
item.
RC-P.......................... 5 (New)....................... Noninterest income for the TBD.
quarter from the sale,
securitization, and
servicing of 1-4 family
residential mortgage
loans.
Note: Items 5.a and 5.b of
Schedule RC-P will be
combined into this data
item.
[[Page 15693]]
RC-P.......................... 6 (New)....................... Repurchases and TBD.
indemnifications of 1-4
family residential
mortgage loans during the
quarter.
Note: Items 6.a, 6.b, and
6.c.(1) of Schedule
RC[dash]P will be
combined into this data
item.
RC-Q.......................... M3.a.(1) (New)................ Loans measured at fair TBD.
value: Secured by 1-4
family residential
properties.
Note: Items M3.a.(3)(a),
M3.a.(3)(b)(1), and
M3.a.(3)(b)(1) of
Schedule RC-Q will be
combined into this data
item.
RC-Q.......................... M3.a.(2) (New)................ Loans measured at fair TBD.
value: All other loans
secured by real estate.
Note: Items M3.a.(1),
M3.a.(2), M3.a.(4), and
M3.a.(5) of Schedule RC-Q
will be combined into
this data item.
RC-Q.......................... M3.c (New).................... Loans measured at fair TBD.
value: Loans to
individuals for
household, family, and
other personal
expenditures.
Note: Items M3.c.(1),
M3.c.(2), M3.c.(3), and
M3.c.(4) of Schedule RC-Q
will be combined into
this data item.
RC-Q.......................... M4.a.(1) (New)................ Unpaid principal balance TBD.
of loans measured at fair
value: Secured by 1-4
family residential
properties.
Note: Items M4.a.(3)(a),
M4.a.(3)(b)(1), and
M4.a.(3)(b)(2) of
Schedule RC-Q will be
combined into this data
item.
RC-Q.......................... M4.a.(2) (New)................ Unpaid principal balance TBD.
of loans measured at fair
value: All other loans
secured by real estate.
Note: Items M4.a.(1),
M4.a.(2), M4.a.(4), and
M4.a.(5) of Schedule RC-Q
will be combined into
this data item.
RC-Q.......................... M4.c (New).................... Unpaid principal balance TBD.
of loans measured at fair
value: Loans to
individuals for
household, family, and
other personal
expenditures.
Note: Items M4.c.(1),
M4.c.(2), M4.c.(3), and
M4.c.(4) of Schedule RC-Q
will be combined into
this data item.
RC-S.......................... 2 (New)....................... Maximum amount of credit TBD (2 MDRM
exposure arising from Numbers).
recourse or other seller-
provided credit
enhancements provided to
structures reported in
item 1 (Columns A and G).
Note: Items 2.a, 2.b, and
2.c, Columns A and G, of
Schedule RC-S will be
combined into this data
item.
RC-S.......................... 6 (New)....................... Total amount of ownership TBD (3 MDRM
(or seller's) interest Numbers).
carried as securities or
loans (Columns B, C, and
F).
Note: Items 6.a and 6.b,
Columns B, C, and F, of
Schedule RC-S will be
combined into this data
item for Column G.
RC-V.......................... 1.b (New)..................... Assets of consolidated TBD (2 MDRM
variable interest Numbers).
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Securities (Columns A and
C).
Note: Items 1.b and 1.c,
Columns A and C, of
Schedule RC-V removed
above will be combined
into this data item for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.c (New)..................... Assets of consolidated TBD (2 MDRM
variable interest Numbers).
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Loans
and leases held for
investment, net of
allowance, and held for
sale (Columns A and C).
Note: Items 1.e, 1.f, and
1.g, Columns A and C, of
Schedule RC-V removed
above will be combined
into this data item for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 5 (New)....................... Total assets of asset- TBD.
backed commercial paper
(ABCP) conduit VIEs.
RC-V.......................... 6 (New)....................... Total liabilities of ABCP TBD.
conduit VIEs.
----------------------------------------------------------------------------------------------------------------
Data Items With a New or Increased Reporting Threshold
Schedule RC-P is to be completed by institutions where any of
the following residential mortgage banking activities exceeds $10
million for two consecutive quarters:
1-4 family residential mortgage loan originations and
purchases for resale from all sources during a calendar quarter; or
1-4 family residential mortgage loan sales during a
calendar quarter; or
1-4 family residential mortgage loans held for sale or
trading at calendar quarter-end.
Schedule RC-Q is to be completed by banks that: (1) Have elected
to report financial instruments or servicing assets and liabilities
at fair value under a fair value option with changes in fair value
recognized in earnings, or (2) are required to complete Schedule RC-
D, Trading Assets and Liabilities.
Schedule RC-T: Increase the threshold for the exemption from
reporting Schedule RC-T, data items 14 through 26, from institutions
with fiduciary assets of $100 million or less to institutions with
fiduciary assets of $250 million or less (that do not meet the
fiduciary income test for quarterly reporting).
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T.......................... 14............................ Income from personal trust RIADB904
and agency accounts.
RC-T.......................... 15.a.......................... Income from employee RIADB905.
benefit and retirement-
related trust and agency
accounts: Employee
benefit--defined
contribution.
[[Page 15694]]
RC-T.......................... 15.b.......................... Income from employee RIADB906.
benefit and retirement-
related trust and agency
accounts: Employee
benefit--defined benefit.
RC-T.......................... 15.c.......................... Income from employee RIADB907.
benefit and retirement-
related trust and agency
accounts: Other employee
benefit and retirement-
related accounts.
RC-T.......................... 16............................ Income from corporate RIADA479.
trust and agency accounts.
RC-T.......................... 17............................ Income from investment RIADJ315.
management and investment
advisory agency accounts.
RC-T.......................... 18............................ Income from foundation and RIADJ316.
endowment trust and
agency accounts.
RC-T.......................... 19............................ Income from other RIADA480.
fiduciary accounts.
RC-T.......................... 20............................ Income from custody and RIADB909.
safekeeping accounts.
RC-T.......................... 21............................ Other fiduciary and RIADB910.
related services income.
RC-T.......................... 22............................ Total gross fiduciary and RIAD4070.
related services income.
RC-T.......................... 23............................ Less: Expenses............ RIADC058.
RC-T.......................... 24............................ Less: Net losses from RIADA488.
fiduciary and related
services.
RC-T.......................... 25............................ Plus: Intracompany income RIADB911.
credits for fiduciary and
related services.
RC-T.......................... 26............................ Net fiduciary and related RIADA491.
services income.
----------------------------------------------------------------------------------------------------------------
To be completed by banks with collective investment funds and
common trust funds with a total market value of $1 billion or more
as of the preceding December 31.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T.......................... M3.a.......................... Collective investment RCONB931, RCONB932.
funds and common trust
funds: Domestic equity
(Columns A and B).
RC-T.......................... M3.b.......................... Collective investment RCONB933, RCONB934.
funds and common trust
funds: International/
Global equity (Columns A
and B).
RC-T.......................... M3.c.......................... Collective investment RCONB935, RCONB936.
funds and common trust
funds: Stock/Bond blend
(Columns A and B).
RC-T.......................... M3.d.......................... Collective investment RCONB937, RCONB938.
funds and common trust
funds: Taxable bond
(Columns A and B).
RC-T.......................... M3.e.......................... Collective investment RCONB939, RCONB940.
funds and common trust
funds: Municipal bond
(Columns A and B).
RC-T.......................... M3.f.......................... Collective investment RCONB941, RCONB942.
funds and common trust
funds: Short-term
investments/Money market
(Columns A and B).
RC-T.......................... M3.g.......................... Collective investment RCONB943, RCONB944.
funds and common trust
funds: Specialty/Other
(Columns A and B).
----------------------------------------------------------------------------------------------------------------
To be completed by banks with $10 billion or more in total
assets.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-S.......................... 6 (New)....................... Total amount of ownership TBD.
(or seller's) interest
carried as securities or
loans (Column G).
RC-S.......................... 10............................ Reporting bank's unused RCONB783, RCONB789.
commitments to provide
liquidity to other
institutions'
securitization structures
(Columns A and G).
RC-S.......................... M3.a.(1)...................... Asset-backed commercial RCONB806.
paper conduits: Maximum
amount of credit exposure
arising from credit
enhancements provided to
conduit structures in the
form of standby letters
of credit, subordinated
securities, and other
enhancements: Conduits
sponsored by the bank, a
bank affiliate, or the
bank's holding company.
RC-S.......................... M3.a.(2)...................... Asset-backed commercial RCONB807.
paper conduits: Maximum
amount of credit exposure
arising from credit
enhancements provided to
conduit structures in the
form of standby letters
of credit, subordinated
securities, and other
enhancements: Conduits
sponsored by other
unrelated institutions.
RC-S.......................... M3.b.(1)...................... Asset-backed commercial RCONB808.
paper conduits: Unused
commitments to provide
liquidity to conduit
structures: Conduits
sponsored by the bank, a
bank affiliate, or the
bank's holding company.
RC-S.......................... M3.b.(2)...................... Asset-backed commercial RCONB809.
paper conduits: Unused
commitments to provide
liquidity to conduit
structures: Conduits
sponsored by other
unrelated institutions.
[[Page 15695]]
RC-S.......................... M4............................ Outstanding credit card RCONC407.
fees and finance charges
included in Schedule RC-
S, item 1, column C.
Note: With the combining
of Columns B through F of
item 1 of Schedule RC-S
into item 1, Column G, of
Schedule RC-S, the
reference to column C in
the caption for M4 will
be changed to column G.
----------------------------------------------------------------------------------------------------------------
Appendix D
FFIEC 031: To Be Completed by Banks With Domestic and Foreign Offices
and Banks With Domestic Offices Only and Consolidated Total Assets of
$100 Billion or More
Data Items Removed, Other Impacts to Data Items, or New or Increased
Reporting Threshold
Data Items Removed
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A.......................... 2.a........................... Balances due from U.S. RCFD0083.
branches and agencies of
foreign banks (Column A).
RC-A.......................... 2.b........................... Balances due from other RCFD0085.
commercial banks in the
U.S. and other depository
institutions in the U.S.
(Column A).
Note: Items 2.a and 2.b
(Column A), of Schedule
RC-A will be combined
into one data item (new
item 2).
RC-A.......................... 3.a........................... Balances due from foreign RCFD0073.
branches of other U.S.
banks (Column A).
RC-A.......................... 3.b........................... Balances due from other RCFD0074.
banks in foreign
countries and foreign
central banks (Column A).
Note: Items 3.a and 3.b
(Column A), of Schedule
RC-A will be combined
into one data item (new
item 3).
RC-F.......................... 3.a........................... Interest-only strips RCFDA519.
receivable (not in the
form of a security) on
mortgage loans.
RC-F.......................... 3.b........................... Interest-only strips RCFDA520.
receivable (not in the
form of a security) on
other financial assets.
Note: Items 3.a and 3.b of
Schedule RC-F will be
combined into one data
item (new item 3).
RC-F.......................... 6.d........................... Retained interests in RCFDC436.
accrued interest
receivable related to
securitized credit cards.
RC-N.......................... M5.b.(1)...................... Loans measured at fair RCFDF664, RCFDF665,
value: Fair value RCFDF666.
(Columns A through C).
RC-N.......................... M5.b.(2)...................... Loans measured at fair RCFDF667, RCFDF668,
value: Unpaid principal RCFDF669.
balance (Columns A
through C).
RC-P.......................... 1.a........................... Retail originations during RCONF066.
the quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end first liens.
RC-P.......................... 1.b........................... Retail originations during RCONF067.
the quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end junior liens.
RC-P.......................... 1.c.(1)....................... Retail originations during RCONF670.
the quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit: Total
commitment under the
lines of credit.
Note: Items 1.a, 1.b, and
1.c.(1) of Schedule RC-P
will be combined into one
data item (new item 1).
RC-P.......................... 1.c.(2)....................... Retail originations during RCONF671.
the quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit:
Principal amount funded
under the lines of credit.
RC-P.......................... 2.a........................... Wholesale originations and RCONF068.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end first liens.
RC-P.......................... 2.b........................... Wholesale originations and RCONF069.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Closed-
end junior liens.
RC-P.......................... 2.c.(1)....................... Wholesale originations and RCONF672.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit: Total
commitment under the
lines of credit.
Note: Items 2.a, 2.b, and
2.c.(1) of Schedule RC-P
will be combined into one
data item (new item 2).
[[Page 15696]]
RC-P.......................... 2.c.(2)....................... Wholesale originations and RCONF673.
purchases during the
quarter of 1-4 family
residential mortgage
loans for sale: Open-end
loans extended under
lines of credit:
Principal amount funded
under the lines of credit.
RC-P.......................... 3.a........................... 1-4 family residential RCONF070.
mortgage loans sold
during the quarter:
Closed-end first liens.
RC-P.......................... 3.b........................... 1-4 family residential RCONF071.
mortgage loans sold
during the quarter:
Closed-end junior liens.
RC-P.......................... 3.c.(1)....................... 1-4 family residential RCONF674.
mortgage loans sold
during the quarter: Total
commitment under the
lines of credit.
Note: Items 3.a, 3.b, and
3.c.(1) of Schedule RC-P
will be combined into one
data item (new item 3).
RC-P.......................... 3.c.(2)....................... 1-4 family residential RCONF675.
mortgage loans sold
during the quarter:
Principal amount funded
under the lines of credit.
RC-P.......................... 4.a........................... 1-4 family residential RCONF072.
mortgage loans held for
sale or trading at
quarter-end: Closed-end
first liens.
RC-P.......................... 4.b........................... 1-4 family residential RCONF073.
mortgage loans held for
sale or trading at
quarter-end: Closed-end
junior liens.
RC-P.......................... 4.c.(1)....................... 1-4 family residential RCONF676.
mortgage loans held for
sale or trading at
quarter-end: Total
commitment under the
lines of credit.
Note: Items 4.a, 4.b, and
4.c.(1) of Schedule RC-P
will be combined into one
data item (new item 4).
RC-P.......................... 4.c.(2)....................... 1-4 family residential RCONF677.
mortgage loans held for
sale or trading at
quarter-end: Principal
amount funded under the
lines of credit.
RC-P.......................... 5.a........................... Noninterest income for the RIADF184.
quarter from the sale,
securitization, and
servicing of 1-4 family
residential mortgage
loans: Closed-end 1-4
family residential
mortgage loans.
RC-P.......................... 5.b........................... Noninterest income for the RIADF560.
quarter from the sale,
securitization, and
servicing of 1-4 family
residential mortgage
loans: Open-end 1-4
family residential
mortgage loans extended
under lines of credit.
Note: Items 5.a and 5.b of
Schedule RC-P will be
combined into one data
item (new item 5).
RC-P.......................... 6.a........................... Repurchases and RCONF678.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Closed-end first
liens.
RC-P.......................... 6.b........................... Repurchases and RCONF679.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Closed-end
junior liens.
RC-P.......................... 6.c.(1)....................... Repurchases and RCONF680.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Total commitment
under the lines of credit.
Note: Items 6.a, 6.b, and
6.c.(1) of Schedule RC-P
will be combined into one
data item (new item 6).
RC-P.......................... 6.c.(2)....................... Repurchases and RCONF681.
indemnifications of 1-4
family residential
mortgage loans during the
quarter: Principal amount
funded under the lines of
credit.
RC-Q.......................... M3.a.......................... Loans measured at fair RCFDF608.
value: Loans secured by
real estate (Column A).
RC-Q.......................... M3.a.(1)...................... Loans measured at fair RCONF578.
value: Construction, land
development, and other
land loans (Column B).
RC-Q.......................... M3.a.(2)...................... Loans measured at fair RCONF579.
value: Secured by
farmland (Column B).
RC-Q.......................... M3.a.(4)...................... Loans measured at fair RCONF583.
value: Secured by
multifamily (5 or more)
residential properties
(Column B).
RC-Q.......................... M3.a.(5)...................... Loans measured at fair RCONF584.
value: Secured by nonfarm
nonresidential properties
(Column B).
Note: Items M3.a.(1),
M3.a.(2), M3.a.(4), and
M3.a.(5), Column B, of
Schedule RC-Q will be
combined into one data
item for the consolidated
bank (new item M3.a.(2),
Column A).
RC-Q.......................... M3.a.(3)(a)................... Loans measured at fair RCONF580.
value: Revolving, open-
end loans secured by 1-4
family residential
properties and extended
under lines of credit
(Column B).
RC-Q.......................... M3.a.(3)(b)(1)................ Loans measured at fair RCONF581.
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by first liens
(Column B).
RC-Q.......................... M3.a.(3)(b)(2)................ Loans measured at fair RCONF582.
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by junior liens
(Column B).
Note: Items M3.a.(3)(a),
M3.a.(3)(b)(1), and
M3.a.(3)(b)(2), Column B,
of Schedule RC-Q will be
combined into one data
item for the consolidated
bank (new item M3.a.(1),
Column A).
RC-Q.......................... M3.b.......................... Loans measured at fair RCONF585.
value: Commercial and
industrial loans (Column
B).
RC-Q.......................... M3.c.(1)...................... Loans measured at fair RCFDF586, RCONF586.
value: Credit cards
(Columns A and B).
RC-Q.......................... M3.c.(2)...................... Loans measured at fair RCFDF587, RCONF587.
value: Other revolving
credit plans (Columns A
and B).
[[Page 15697]]
RC-Q.......................... M3.c.(3)...................... Loans measured at fair RCFDK196, RCONK196.
value: Automobile loans
(Columns A and B).
RC-Q.......................... M3.c.(4)...................... Loans measured at fair RCFDK208, RCONK208.
value: Other consumer
loans (Columns A and B).
Note: Items M3.c.(1),
M3.c.(2), M3.c.(3), and
M3.c.(4), Column A, of
Schedule RC-Q will be
combined into one data
item for the consolidated
bank (new item M3.c,
Column A).
RC-Q.......................... M3.d.......................... Loans measured at fair RCONF589.
value: Other loans
(Column B).
RC-Q.......................... M4.a.......................... Unpaid principal balance RCFDF609.
of loans measured at fair
value: Loans secured by
real estate (Column A).
RC-Q.......................... M4.a.(1)...................... Unpaid principal balance RCONF590.
of loans measured at fair
value: Construction, land
development, and other
land loans (Column B).
RC-Q.......................... M4.a.(2)...................... Unpaid principal balance RCONF591.
of loans measured at fair
value: Secured by
farmland (Column B).
RC-Q.......................... M4.a.(4)...................... Unpaid principal balance RCONF595.
of loans measured at fair
value: Secured by
multifamily (5 or more)
residential properties
(Column B).
RC-Q.......................... M4.a.(5)...................... Unpaid principal balance RCONF596.
of loans measured at fair
value: Secured by nonfarm
nonresidential properties
(Column B).
Note: Items M4.a.(1),
M4.a.(2), M4.a.(4), and
M4.a.(5), Column B, of
Schedule RC-Q will be
combined into one data
item for the consolidated
bank (new item M4.a.(2),
Column A).
RC-Q.......................... M4.a.(3)(a)................... Unpaid principal balance RCONF592.
of loans measured at fair
value: Revolving, open-
end loans secured by 1-4
family residential
properties and extended
under lines of credit
(Column B).
RC-Q.......................... M4.a.(3)(b)(1)................ Unpaid principal balance RCONF593.
of loans measured at fair
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by first liens
(Column B).
RC-Q.......................... M4.a.(3)(b)(2)................ Unpaid principal balance RCONF594.
of loans measured at fair
value: Closed-end loans
secured by 1-4 family
residential properties:
Secured by junior liens
(Column B).
Note: Items M4.a.(3)(a),
M4.a.(3)(b)(1), and
M4.a.(3)(b)(2), Column B,
of Schedule RC-Q will be
combined into one data
item for the consolidated
bank (new item M4.a.(1),
Column A).
RC-Q.......................... M4.b.......................... Unpaid principal balance RCONF597.
of loans measured at fair
value: Commercial and
industrial loans (Column
B).
RC-Q.......................... M4.c.(1)...................... Unpaid principal balance RCFDF598, RCONF598.
of loans measured at fair
value: Credit cards
(Columns A and B).
RC-Q.......................... M4.c.(2)...................... Unpaid principal balance RCFDF599, RCONF599.
of loans measured at fair
value: Other revolving
credit plans (Columns A
and B).
RC-Q.......................... M4.c.(3)...................... Unpaid principal balance RCFDK195, RCONK195.
of loans measured at fair
value: Automobile loans
(Columns A and B).
RC-Q.......................... M4.c.(4)...................... Unpaid principal balance RCFDK209, RCONK209.
of loans measured at fair
value: Other consumer
loans (Columns A and B).
Note: Items M4.c.(1),
M4.c.(2), M4.c.(3) and
M4.c.(4), Column A, of
Schedule RC-Q will be
combined into one data
item for the consolidated
bank (new item M4.c,
Column A).
RC-Q.......................... M4.d.......................... Unpaid principal balance RCONF601.
of loans measured at fair
value: Other loans
(Column B).
RC-S.......................... 2.a........................... Maximum amount of credit RCFDB712, RCFDB713,
exposure arising from RCFDB714, RCFDB715,
recourse or other seller- RCFDB716, RCFDB717,
provided credit RCFDB718.
enhancements provided to
structures reported in
item 1 in the form of:
Credit-enhancing interest-
only strips (Columns A
through G).
RC-S.......................... 2.b........................... Maximum amount of credit RCFDC393, RCFDC394,
exposure arising from RCFDC395, RCFDC396,
recourse or other seller- RCFDC397, RCFDC398,
provided credit RCFDC399.
enhancements provided to
structures reported in
item 1 in the form of:
Subordinated securities
and other residual
interests (Columns A
through G).
RC-S.......................... 2.c........................... Maximum amount of credit RCFDC400, RCFDC401,
exposure arising from RCFDC402, RCFDC403,
recourse or other seller- RCFDC404, RCFDC405,
provided credit RCFDC406.
enhancements provided to
structures reported in
item 1 in the form of:
Standby letters of credit
and other enhancements
(Columns A through G).
Note: Items 2.a, 2.b, and
2.c, Columns A through G,
of Schedule RC-S will be
combined into one data
item (new item 2) for
Columns A through G.
RC-S.......................... 6.a........................... Amount of ownership (or RCFDB761, RCFDB762,
seller's) interests RCFDB763.
carried as: Securities
(Columns B, C and F).
RC-S.......................... 6.b........................... Amount of ownership (or RCFDB500, RCFDB501,
seller's) interests RCFDB502.
carried as: Loans
(Columns B, C and F).
Note: Items 6.a and 6.b,
Columns B, C, and F, of
Schedule RC-S will be
combined into one data
item (new item 6).
RC-S.......................... 7.a........................... Past due loan amounts RCFDB764, RCFDB765,
included in interests RCFDB766.
reported in item 6.a: 30-
89 days past due (Columns
B, C, and F).
RC-S.......................... 7.b........................... Past due loan amounts RCFDB767, RCFDB768,
included in interests RCFDB769.
reported in item 6.a: 90
days or more past due
(Columns B, C, and F).
[[Page 15698]]
RC-S.......................... 8.a........................... Charge-offs and recoveries RIADB770, RIADB771,
on loan amounts included RIADB772.
in interests reported in
item 6.a: 30-89 days past
due (Columns B, C, and F).
RC-S.......................... 8.b........................... Charge-offs and recoveries RIADB773, RIADB774,
on loan amounts included RIADB775.
in interests reported in
item 6.a: 90 days or more
past due (Columns B, C,
and F).
RC-S.......................... 9............................. Maximum amount of credit RCFDB777, RCFDB778.
exposure arising from
credit enhancements
provided by the reporting
bank to other
institutions'
securitization structures
in the form of standby
letters of credit,
purchased subordinated
securities, and other
enhancements (Columns B
and C).
Note: Item 9, Columns B
and C, of Schedule RC-S
will be included in item
9, Column G.
RC-S.......................... 10............................ Reporting bank's unused RCFDB784, RCFDB785.
commitments to provide
liquidity to other
institutions'
securitization structures
(Columns B and C).
Note: Item 10, Columns B
and C, of Schedule RC-S
will be included in item
10, Column G.
RC-S.......................... 11............................ Assets sold with recourse RCFDB791, RCFDB792,
or other seller-provided RCFDB793, RCFDB794,
credit enhancements and RCFDB795.
not securitized by the
reporting bank (Columns B
through F).
Note: Item 11, Columns B
through F, of Schedule RC-
S will be included in
item 11, Column G.
RC-S.......................... 12............................ Maximum amount of credit RCFDB798, RCFDB799,
exposure arising from RCFDB800, RCFDB801,
recourse or other seller- RCFDB802.
provided credit
enhancements provided to
assets reported in item
11 (Columns B through F).
Note: Item 12, Columns B
through F, of Schedule RC-
S will be included in
item 12, Column G.
RC-S.......................... M1.a.......................... Small business obligations RCFDA249.
transferred with recourse
under Section 208 of the
Riegle Community
Development and
Regulatory Improvement
Act of 1994: Outstanding
principal balance.
Note: Item M1.a of
Schedule RC-S will be
included in item 1 or
item 11, Column F, as
appropriate.
RC-S.......................... M1.b.......................... Small business obligations RCFDA250.
transferred with recourse
under Section 208 of the
Riegle Community
Development and
Regulatory Improvement
Act of 1994: Amount of
retained recourse on
these obligations as of
the report date.
Note: Item M1.b of
Schedule RC-S will be
included in item 2 or
item 12, Column F, as
appropriate.
RC-V.......................... All data items reported for ABCP Conduits (Column B).. RCFDJ982, RCFDJ985,
``ABCP Conduits'' (Column B). Note: Data items currently RCFDJ988, RCFDJ991,
reported for ``ABCP RCFDJ994, RCFDJ997,
Conduits'' (Column B) RCFDK001, RCFDK004,
will be included in the RCFDK007, RCFDK010,
``Other VIEs'' column RCFDK013, RCFDK016,
(Column C, to be RCFDK019, RCFDK022,
relabeled as Column B) of RCFDK025, RCFDK028,
Schedule RC-V by line RCFDK031, RCFDK034.
item, as reflected below.
RC-V.......................... 1.b........................... Assets of consolidated RCFDJ984, RCFDJ986.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Held-
to-maturity securities
(Columns A and C).
RC-V.......................... 1.c........................... Assets of consolidated RCFDJ987, RCFDJ989.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Available-for-sale
securities (Columns A and
C).
Note: Items 1.b and 1.c,
Columns A and C, of
Schedule RC-V will be
combined into one data
item (new item 1.b) for
Columns A and C.
RC-V.......................... 1.d........................... Assets of consolidated RCFDJ990, RCFDJ992.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Securities purchased
under agreements to
resell (Columns A and C).
Note: Item 1.d, Columns A
and C, of Schedule RC-V
will be included in item
1.k, Other assets
(renumbered as item 1.b),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.e........................... Assets of consolidated RCFDJ993, RCFDJ995.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Loans
and leases held for sale
(Column A and C).
RC-V.......................... 1.f........................... Assets of consolidated RCFDJ996, RCFDJ998.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Loans
and leases held for
investment (Column A and
C).
[[Page 15699]]
RC-V.......................... 1.g........................... Assets of consolidated RCFDJ999, RCFDK002.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Less:
Allowance for loan and
lease losses (Columns A
and C).
Note: Items 1.e, 1.f, and
1.g, Columns A and C, of
Schedule RC-V will be
combined into one data
item (new item 1.c) for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.h........................... Assets of consolidated RCFDK003, RCFDK005.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Trading assets (other
than derivatives)
(Columns A and C).
Note: Item 1.h, Columns A
and C, of Schedule RC-V
will be included in item
1.k (renumbered as item
1.e), Other assets, for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.i........................... Assets of consolidated RCFDK006, RCFDK008.
variable interest
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Derivative trading assets
(Columns A and C).
Note: Item 1.i, Columns A
and C, of Schedule RC-V
will be included in item
1.k, Other assets
(renumbered as item 1.e),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 2.a........................... Liabilities of RCFDK015, RCFDK017.
consolidated VIEs for
which creditors do not
have recourse to the
general credit of the
reporting bank:
Securities sold under
agreements to repurchase
(Columns A and C).
Note: Item 2.a, Columns A
and C, of Schedule RC-V
will be included in item
2.e, Other liabilities
(renumbered as item 2.b),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 2.b........................... Liabilities of RCFDK018, RCFDK020.
consolidated VIEs for
which creditors do not
have recourse to the
general credit of the
reporting bank:
Derivative trading
liabilities (Columns A
and C).
Note: Item 2.b, Columns A
and C, of Schedule RC-V
will be included in item
2.e, Other liabilities
(renumbered as item 2.b),
for Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 2.c........................... Liabilities of RCFDK021, RCFDK023.
consolidated VIEs for
which creditors do not
have recourse to the
general credit of the
reporting bank:
Commercial paper (Columns
A and C).
Note: Item 2.c, Columns A
and C, of Schedule RC-V
will be included in item
2.d, Other borrowed money
(renumbered as item 2.a),
for Columns A and C (the
latter to be relabeled as
Column B).
----------------------------------------------------------------------------------------------------------------
Other Impacts to Data Items
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-A.......................... 2 (New)....................... Balances due from RCFD0082.
depository institutions
in the U.S. (Column A).
Note: Items 2.a. and 2.b
(Column A), of Schedule
RC-A will be combined
into this data item.
RC-A.......................... 3 (New)....................... Balances due from banks in RCFD0070.
foreign countries and
foreign central banks
(Column A).
Note: Items 3.a. and 3.b
(Column A), of Schedule
RC-A will be combined
into this data item.
RC-F.......................... 3 (New)....................... Interest-only strips To be determined
receivable (not in the (TBD).
form of a security).
Note: Items 3.a and 3.b of
Schedule RC-F will be
combined into this data
item.
RC-H.......................... 22 (New)...................... Total amount of fair value TBD.
option loans held for
investment and held for
sale.
Note: The proposed
threshold change
applicable to Schedule RC-
Q applies to this item.
RC-P.......................... 1 (New)....................... Retail originations during TBD.
the quarter of 1-4 family
residential mortgage
loans for sale.
Note: Items 1.a, 1.b, and
1.c.(1) of Schedule RC-P
will be combined into
this data item.
RC-P.......................... 2 (New)....................... Wholesale originations and TBD.
purchases during the
quarter of 1-4 family
residential mortgage loan
for sale.
Note: Items 2.a, 2.b, and
2.c.(1) of Schedule RC-P
will be combined into
this data item.
RC-P.......................... 3 (New)....................... 1-4 family residential TBD.
mortgage loans sold
during the quarter.
Note: Items 3.a, 3.b, and
3.c.(1) of Schedule RC-P
will be combined into
this data item.
RC-P.......................... 4 (New)....................... 1-4 family residential TBD.
mortgage loans held for
sale or trading at
quarter-end.
Note: Items 4.a, 4.b, and
4.c.(1) of Schedule RC-P
will be combined into
this data item.
[[Page 15700]]
RC-P.......................... 5 (New)....................... Noninterest income for the TBD.
quarter from the sale,
securitization, and
servicing of 1-4 family
residential mortgage
loans.
Note: Items 5.a and 5.b of
Schedule RC-P will be
combined into this data
item.
RC-P.......................... 6 (New)....................... Repurchases and TBD.
indemnifications of 1-4
family residential
mortgage loans during the
quarter.
Note: Items 6.a, 6.b, and
6.c.(1) of Schedule RC-P
will be combined into
this data item.
RC-Q.......................... M3.a.(1) (New)................ Loans measured at fair TBD.
value: Secured by 1-4
family residential
properties (Column A).
Note: Items M3.a.(3)(a),
M3.a.(3)(b)(1), and
M3.a.(3)(b)(2), Column B,
of Schedule RC-Q will be
combined into this data
item for the consolidated
bank.
RC-Q.......................... M3.a.(2) (New)................ Loans measured at fair TBD.
value: All other loans
secured by real estate
(Column A).
Note: Items M3.a.(1),
M3.a.(2), M3.a.(4), and
M3.a.(5), Column B, of
Schedule RC-Q will be
combined into this data
item for the consolidated
bank.
RC-Q.......................... M3.c (New).................... Loans measured at fair TBD.
value: Loans to
individuals for
household, family, and
other personal
expenditures (Column A).
Note: Items M3.c.(1),
M3.c.(2), M3.c.(3), and
M3.c.(4), Column A, of
Schedule RC-Q will be
combined into this data
item.
RC-Q.......................... M4.a.(1) (New)................ Unpaid principal balance TBD.
of loans measured at fair
value: Secured by 1-4
family residential
properties (Column A).
Note: Items M4.a.(3)(a),
M4.a.(3)(b)(1), and
M4.a.(3)(b)(2), Column B,
of Schedule RC-Q will be
combined into this data
item for the consolidated
bank.
RC-Q.......................... M4.a.(2) (New)................ Unpaid principal balance TBD.
of loans measured at fair
value: All other loans
secured by real estate
(Column A).
Note: Items M4.a.(1),
M4.a.(2), M4.a.(4), and
M4.a.(5), Column B, of
Schedule RC-Q will be
combined into this data
item for the consolidated
bank.
RC-Q.......................... M4.c (New).................... Unpaid principal balance TBD.
of loans measured at fair
value: Loans to
individuals for
household, family, and
other personal
expenditures (Column A).
Note: Items M4.c.(1),
M4.c.(2), M4.c.(3), and
M4.c.(4), Column A, of
Schedule RC-Q will be
combined into this data
item.
RC-S.......................... 2 (New)....................... Maximum amount of credit TBD (7 MDRM
exposure arising from Numbers).
recourse or other seller-
provided credit
enhancements provided to
structures reported in
item 1 (Columns A through
G).
Note: Items 2.a, 2.b, and
2.c, Columns A through G,
of Schedule RC-S will be
combined into this data
item.
RC-S.......................... 6 (New)....................... Total amount of ownership TBD (3 MDRM
(or seller's) interest Numbers).
carried as securities or
loans (Columns B, C, and
F).
Note: Items 6.a and 6.b,
Columns B, C, and F, of
Schedule RC-S will be
combined into this data
item.
RC-V.......................... 1.b (New)..................... Assets of consolidated TBD (2 MDRM
variable interest Numbers).
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs:
Securities (Columns A and
C).
Note: Items 1.b and 1.c,
Columns A and C, of
Schedule RC-V removed
above will be combined
into this data item for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 1.c (New)..................... Assets of consolidated TBD (2 MDRM
variable interest Numbers).
entities (VIEs) that can
be used only to settle
obligations of the
consolidated VIEs: Loans
and leases held for
investment, net of
allowance, and held for
sale (Columns A and C).
Note: Items 1.e, 1.f, and
1.g, Columns A and C, of
Schedule RC-V removed
above will be combined
into this data item for
Columns A and C (the
latter to be relabeled as
Column B).
RC-V.......................... 5 (New)....................... Total assets of asset- TBD.
backed commercial paper
(ABCP) conduit VIEs.
RC-V.......................... 6 (New)....................... Total liabilities of ABCP TBD.
conduit VIEs.
----------------------------------------------------------------------------------------------------------------
Data Items With a New or Increased Reporting Threshold
Schedule RC-P is to be completed by institutions where any of
the following residential mortgage banking activities (in domestic
offices) exceeds $10 million for two consecutive quarters:
1-4 family residential mortgage loan originations and
purchases for resale from all sources during a calendar quarter; or
1-4 family residential mortgage loan sales during a
calendar quarter; or
1-4 family residential mortgage loans held for sale or
trading at calendar quarter-end.
Schedule RC-Q is to be completed by banks that: (1) Have elected
to report financial instruments or servicing assets and liabilities
at fair value under a fair value option with changes in fair value
recognized in earnings, or (2) are required to complete Schedule RC-
D, Trading Assets and Liabilities.
[[Page 15701]]
Schedule RC-T: Increase the threshold for the exemption from
reporting Schedule RC-T, data items 14 through 26, from institutions
with fiduciary assets of $100 million or less to institutions with
fiduciary assets of $250 million or less (that do not meet the
fiduciary income test for quarterly reporting).
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T.......................... 14............................ Income from personal trust RIADB904.
and agency accounts.
RC-T.......................... 15.a.......................... Income from employee RIADB905.
benefit and retirement-
related trust and agency
accounts: Employee
benefit--defined
contribution.
RC-T.......................... 15.b.......................... Income from employee RIADB906.
benefit and retirement-
related trust and agency
accounts: Employee
benefit--defined benefit.
RC-T.......................... 15.c.......................... Income from employee RIADB907.
benefit and retirement-
related trust and agency
accounts: Other employee
benefit and retirement-
related accounts.
RC-T.......................... 16............................ Income from corporate RIADA479.
trust and agency accounts.
RC-T.......................... 17............................ Income from investment RIADJ315.
management and investment
advisory agency accounts.
RC-T.......................... 18............................ Income from foundation and RIADJ316.
endowment trust and
agency accounts.
RC-T.......................... 19............................ Income from other RIADA480.
fiduciary accounts.
RC-T.......................... 20............................ Income from custody and RIADB909.
safekeeping accounts.
RC-T.......................... 21............................ Other fiduciary and RIADB910.
related services income.
RC-T.......................... 22............................ Total gross fiduciary and RIAD4070.
related services income.
RC-T.......................... 23............................ Less: Expenses............ RIADC058.
RC-T.......................... 24............................ Less: Net losses from RIADA488.
fiduciary and related
services.
RC-T.......................... 25............................ Plus: Intracompany income RIADB911.
credits for fiduciary and
related services.
RC-T.......................... 26............................ Net fiduciary and related RIADA491.
services income.
----------------------------------------------------------------------------------------------------------------
To be completed by banks with collective investment funds and
common trust funds with a total market value of $1 billion or more
as of the preceding December 31.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-T.......................... M3.a.......................... Collective investment RCFDB931, RCFDB932.
funds and common trust
funds: Domestic equity
(Columns A and B).
RC-T.......................... M3.b.......................... Collective investment RCFDB933, RCFDB934.
funds and common trust
funds: International/
Global equity (Columns A
and B).
RC-T.......................... M3.c.......................... Collective investment RCFDB935, RCFDB936.
funds and common trust
funds: Stock/Bond blend
(Columns A and B).
RC-T.......................... M3.d.......................... Collective investment RCFDB937, RCFDB938.
funds and common trust
funds: Taxable bond
(Columns A and B).
RC-T.......................... M3.e.......................... Collective investment RCFDB939, RCFDB940.
funds and common trust
funds: Municipal bond
(Columns A and B).
RC-T.......................... M3.f.......................... Collective investment RCFDB941, RCFDB942.
funds and common trust
funds: Short-term
investments/Money market
(Columns A and B).
RC-T.......................... M3.g.......................... Collective investment RCFDB943, RCFDB944.
funds and common trust
funds: Specialty/Other
(Columns A and B).
----------------------------------------------------------------------------------------------------------------
To be completed by banks with $10 billion or more in total
assets.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-S.......................... 6 (New)....................... Total amount of ownership TBD (3 MDRM
(or seller's) interest Numbers).
carried as securities or
loans (Columns B, C, and
F).
RC-S.......................... 10............................ Reporting bank's unused RCFDB783, RCFDB786,
commitments to provide RCFDB787, RCFDB788,
liquidity to other RCFDB789.
institutions'
securitization structures
(Columns A and D through
G).
RC-S.......................... M3.a.(1)...................... Asset-backed commercial RCFDB806.
paper conduits: Maximum
amount of credit exposure
arising from credit
enhancements provided to
conduit structures in the
form of standby letters
of credit, subordinated
securities, and other
enhancements: Conduits
sponsored by the bank, a
bank affiliate, or the
bank's holding company.
RC-S.......................... M3.a.(2)...................... Asset-backed commercial RCFDB807.
paper conduits: Maximum
amount of credit exposure
arising from credit
enhancements provided to
conduit structures in the
form of standby letters
of credit, subordinated
securities, and other
enhancements: Conduits
sponsored by other
unrelated institutions.
[[Page 15702]]
RC-S.......................... M3.b.(1)...................... Asset-backed commercial RCFDB808.
paper conduits: Unused
commitments to provide
liquidity to conduit
structures: Conduits
sponsored by the bank, a
bank affiliate, or the
bank's holding company.
RC-S.......................... M3.b.(2)...................... Asset-backed commercial RCFDB809.
paper conduits: Unused
commitments to provide
liquidity to conduit
structures: Conduits
sponsored by other
unrelated institutions.
RC-S.......................... M4............................ Outstanding credit card RCFDC407.
fees and finance charges
included in Schedule RC-
S, item 1, column C.
----------------------------------------------------------------------------------------------------------------
To be completed by banks with $100 billion or more in total
assets.
----------------------------------------------------------------------------------------------------------------
Schedule Item Item name MDRM No.
----------------------------------------------------------------------------------------------------------------
RC-S.......................... 3............................. Reporting bank's unused RCFDB726, RCFDB727,
commitments to provide RCFDB728, RCFDB729,
liquidity to structures RCFDB730, RCFDB731,
reported in item 1 RCFDB732.
(Columns A through G).
----------------------------------------------------------------------------------------------------------------
Dated: April 5, 2018.
Karen Solomon,
Acting Senior Deputy Comptroller and Chief Counsel, Office of the
Comptroller of the Currency.
Board of Governors of the Federal Reserve System, April 2, 2018.
Ann Misback,
Secretary of the Board.
Dated at Washington, DC, on April 2, 2018.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2018-07443 Filed 4-10-18; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P